An analyst note suggests regulation from the EU and the $2 billion fine may put pressure on Apple’s earnings per share, but its shift to AI will help keep the earnings multiple even at about 25x.
According to a note viewed by AppleInsider from JP Morgan, Apple’s current 27x earnings per share is likely to be pushed down to 25x due to several factors surrounding the company. It emphasizes potential risk from regulatory scrutiny and the loss of a potential premium multiple due to entering the electric vehicle segment.
This story originally appeared on Appleinsider
