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Google paid Apple $1 billion in 2014 to remain the default iOS search option

Accepted submission by AndyTheAbsurd at 2016-01-23 17:51:54
Techonomics

Google paid Apple $1 billion in 2014 to keep its search function on iOS devices, Bloomberg reports, the result of an agreement the two companies have that gives Apple a percentage of the revenue Google earns through iPhones and iPads. Bloomberg cites a court transcript from the ongoing Oracle case against Google — the same case that yesterday revealed how much money Google makes from Android — in which Oracle attorney Annette Hearst disclosed the figure during a hearing on January 14th.

Hearst quoted a Google witness in the case who said that "at one point, the revenue share was 34 percent" between Apple and Google. After that figure was revealed, both companies attempted to hide it, Bloomberg says. A Google attorney first attempted to have the mention of a 34 percent revenue share stricken from court records, but when the magistrate refused to do so, filed a separate request to seal and redact the transcript.

http://www.theverge.com/2016/1/22/10813558/google-apple-1-billion-default-ios-search [theverge.com]


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