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Google Paid $1 Billion To Keep Search On iPhone (bloomberg.com)

phantomfive writes: As the Google v. Oracle copyright case drags on, Oracle is claiming that Android has generated $31 billion in revenue for Google, $22 billion of which was profit. Court records also show Google paid Apple $1 billion USD to keep their search bar on the iPhone. A revenue sharing agreement was in place as well. At one point, Apple got 34% of the revenue generated by Google searches on iPhones. Both companies later requested that the information be redacted from the record, but once something is released on the internet, it tends to stay there.

2 of 77 comments (clear)

  1. Larry Ellison by monkeyxpress · · Score: 5, Interesting

    The real story here is that Larry Ellison is still bitching about his 'stolen' Java API.

  2. Re:I am surprised by 93+Escort+Wagon · · Score: 5, Informative

    that Google is paying Apple at all.

    The summary sucks. The $1 billion was not a separate payment... it was Apple's cut of Google's iOS search revenue. And, also, it's apparently not defined in the testimony whether 34% was how much Apple keeps or how much Google gets to keep.

    --
    #DeleteChrome