Analyst Expects Apple Victory After Monday Supreme Court Argument

Expect the Supreme Court to rule in favor of Apple in a case deciding whether customers, not just app developers, can sue for antitrust damages (see 1811050033), Cowen analyst Paul Gallant said Tuesday. The court under Chief Justice John Roberts historically has been pro-business, and the solicitor general sided with Apple in this case, Gallant said. Oral argument is scheduled for 10 a.m. Monday.