20 Billion Reasons Why Apple Stock Could Be Headed For a Crash

Apple (AAPL 1.15%) is one of the world's most profitable companies. It earns most of its profits from sales of various devices and services, but one profit source is more lucrative than any other: The money that Alphabet (GOOG 0.89%) (GOOGL 0.73%) paid Apple to ensure that its search engine is the default choice for iPhones. Alphabet paid Apple $20 billion in 2022 for this commitment, but there is no public information about that payment in the following years. However, it's significant enough that Apple's ...