Apple is having a terrible 2025. The company that dominated tech for over a decade is suddenly battling challenges on three critical fronts: a damaging legal defeat that could upend its App Store business model, mounting tariff costs eating into profits, and significant delays in its AI strategy that have competitors pulling ahead. Suggested Reading A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup Trump makes a deal, Bill Gates on Elon Musk's DOGE,