May 17, 2024

AndronETalksNews

AndronETalksNews

Google pays Apple $18B to $20B a year to keep its search in iPhone

Sankt-Petersburg, Russia, November 8, 2017: A woman's hand is touching screen on tablet computer iPad Pro at night for searching on Google search engine. Google is the most popular Internet search engine in the world. Photo taken at company office.

The Register

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Google pays Apple between $18 billion to $20 billion a year to remain the dominant search engine in the iPhone, according to a financial analyst that thinks this deal, and others like it, are now at risk.

Bernstein, which advises institutional investors on where to place their bets, yesterday published a report looking into the potential implications for Apple of the civil antitrust suit the Department of Justice (DoJ) is currently waging against Google in Washington over claims it monopolizes search and search advertising.

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