Google pays Apple $18-20 billion a year to make its search the default on iPhones. This assessment was given by analysts at Bernstein.
An antitrust case against Google is currently underway in the United States, with the Department of Justice as the plaintiff. Bernstein believes Google will lose in court.
In this case, Google could ban other companies for making its search the default. For Apple, this could result in serious losses, since the contract with Google accounts for 14-16% of Apple’s annual profits. In addition, Google shares are terminating similar agreements with Samsung and Mozilla.
Google pays Apple more than $18 billion a year to keep search on iPhone
Bernstein estimates the cost of the agreement and warns that it and similar deals could end if the Justice Department wins the antitrust case
www.theregister.com
Source: Iphones RU
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