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Apple gets on the order of $12 billion a year from Google to make Google Search the default search engine in iOS. All that money comes from ads. It's a lot of
by alwillis 6y ago
Apple gets on the order of $12 billion a year from Google to make Google Search the default search engine in iOS. All that money comes from ads.
It's a lot of money, but it's pocket change for Apple in the scheme of things—$220 billion in hardware revenue and a $2 trillion market cap.
Google needs to pay it far more than Apple needs the money. Google knows Apple customers are far more lucrative than Android customers.
- pradn 6y agoGoogle needs it more since Google makes > $12 billion on that traffic, but I can't imagine any company being willing to part with $12+ billion a year.