For just a year, Google reportedly pays $18 billion to stay iPhone’s default search engine – PhoneArena
Google finds itself in the hot seat amid an ongoing antitrust trial, a pivotal moment for the future of Google Search. The Department of Justice contends that the tech giant, in its quest for a dominant 90% share of the search market, has been funneling substantial sums of money. A recent report sheds light on the exact magnitude of this financial exchange.
It has become clear that Google allocates billions annually to Apple, securing its status as the default search engine on Apple devices. According to The New York Times report, this figure amounts to around $18 billion per year. This payment ensures Google’s position as the default search engine on iPhones, iPads, and Macs.
Though this information pertains to 2021, it’s worth noting that the current sum may well exceed this reported amount. In 2021, speculation hinted at a $15 billion payment from Google to Apple for the iPhone’s default search engine status. However, the reality appears to surpass these estimates.
This…
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source: https://news.oneseocompany.com/2023/10/27/for-just-a-year-google-reportedly-pays-18-billion-to-stay-iphones-default-search-engine-phonearena_2023102751874.html
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