Google Paid $1 Billion To Apple In 2014 Just To Remain Ios As Default iOS Search Option
We found out that Google paid $1 billion to Apple Company in 2014 just to keep its Google search function on all of its iOS devices.
The agreement of two companies gives Apple percentage of all the revenue Google earns through iPhones and iPads. Reports cites court transcript from ongoing Oracle case against Google. The same case that revealed the amount of money Google makes from Android which Oracle attorney disclosed the figure during recent hearing.
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. Apple later joined the filing, in which Google said that “the specific financial terms of Google’s agreement with Apple are highly sensitive to both Google and Apple,” and that both companies treat the details as “highly confidential.”
As of now it is not clear whether Google’s filing was a success, but after it appeared online, the transcript was removed from all of its electronic court records. Still, this was not the first time that Google pays Apple just to remain the Google Search engine as default on iOS.
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