tl;dr
Here's a robust HTML-formatted article summary for you: MICROSOFT'S OFFER TO APPLE REVEALED IN GOOGLE ANTITRUST CASE Microsoft (NASDAQ:MSFT) had offered to sell Bing to Apple (NASDAQ:AAPL) in 2018, or form a joint venture related to the search engine, according to a recently unsealed post...
Here's a robust HTML-formatted article summary for you:
Microsoft's Offer to Apple Revealed in Google Antitrust Case
Microsoft (NASDAQ:MSFT) had offered to sell Bing to Apple (NASDAQ:AAPL) in 2018, or form a joint venture related to the search engine, according to a recently unsealed post-trial brief from the U.S. Justice Department's antitrust case against Google (NASDAQ:GOOG) (NASDAQ:GOOGL).
The case centers around Google's alleged search monopoly and its tactics to remain dominant, including significant investments to make its search engine the default option on phones. Google argued that it had been competing fairly.
Google informed the court that Microsoft had approached Apple multiple times to make Bing the default option for its Safari browser, but Apple consistently concluded that Google was the superior choice due to Bing's lower search quality. Google also argued that its search engine received nearly 80% of queries on Windows PCs in the U.S., despite Bing being the default option in those devices. Additionally, Mozilla informed the DOJ that Google provided a better user experience than Bing in the Firefox browser.
The DOJ argued that Google spends over $20 billion annually to secure defaults and restrictive contracts, hindering competitors' entry into the market.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company, known for producing computer software, consumer electronics, and personal computers. It is also a key player in the services-prepackaged software sector. With a market capitalization of approximately $3.05 trillion and a current stock price of $456.25, the company has shown a steady growth rate of 11.08% and a strong relative strength index of 30.61. The stock has experienced a bullish trend, supported by a positive market sentiment and strong financial performance. However, it is important to note the potential risks and uncertainties associated with the stock market, as past performance is not always indicative of future results.
More about Apple Inc
Apple Inc. is the world's largest technology company by revenue, with a total of $274.5 billion in 2020. Since January 2021, it has also become the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. With a market capitalization of over $2.8 trillion and a stock price of $201.41, Apple's stock has shown a positive trend with a 6.42% increase. The Relative Strength Index (RSI) of 24.65 indicates that the stock is currently oversold, and the Bollinger Bands show a narrow range, possibly indicating a period of consolidation. However, the stock is currently trading above its 50-day moving average, suggesting a bullish trend. It's important to note that past market behavior is not always a reliable indicator of future performance, and there may be potential risks or uncertainties associated with investing in Apple stock.
More about Alphabet Inc Class C
Alphabet Inc. Class C is a multinational conglomerate with a strong foothold in the technology sector. With a market cap of $1.797 trillion and a P/E ratio of 25.05, the company's stock performance has been steady. The company has a strong cash flow of $149.66 per share and a healthy dividend yield of 0.56%. The market sentiment towards Alphabet Inc. is positive, with a bullish trend in the stock price. However, it is important to note that past performance is not indicative of future results, and there are potential risks and uncertainties in the market that could impact the company's performance.
More about Alphabet Inc Class A
Alphabet Inc. Class A is a technology company with a market capitalization of $1.797 trillion and a current P/E ratio of 24.82. The stock has shown a 5.8% increase over the past month, with a current price of $24.34. The Relative Strength Index (RSI) is at 62.06, indicating a slightly overbought condition. The stock is currently trading 0.24% above its 50-day moving average, suggesting a short-term bullish trend. However, the stock is also trading 0.56% below its 200-day moving average, indicating a potential long-term bearish trend. Market sentiment towards Alphabet Inc. Class A is generally positive, but there are potential risks and uncertainties associated with the stock's performance, given the current market conditions and the company's financial outlook.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.