Evercore: Apple's (AAPL.US) service business may face attacks from both sides, Epic and Google's (GOOGL.US) lawsuits could result in a "double blow" to revenue.

According to the Wise Finance APP, Evercore pointed out that Apple (AAPL.US) is facing major challenges in its profitable service business. On one hand, there is the ongoing legal dispute with Epic Games, and on the other hand, the US Department of Justice lawsuit involving Google (GOOGL.US) may affect Apple's earnings.