3 ms·
The title should be changed to reflect this
by acchow 11y ago
The title should be changed to reflect this
- akvadrako 11y agowhy? It's effectively the same thing, except the risk profile is different. The resulting revenue wasn't a complete mystery so they probably knew the deal equaled about 1 billion.
- mbreese 11y agoBut the deal wasn't Google giving Apple $1B to be the default search on iOS. It was Google giving Apple a 34% share (perhaps - it's still a bit unclear in the article) of iOS search revenue. It is still a deal worth ~ $1B, but not a deal for $1B. The context is important. If the number is 34%, then Google's iOS revenue would be around $3B, of which Apple got a cut.