For $1B and a share in revenue, Apple keeps Google's search bar on iPhone

iPhone users who search on Google's search bar in the Safari app are able to do so because Google paid Apple $1 billion to keep the search bar on the phone, reports Bloomberg.

Court proceedings from Oracle Corp.'s copyright lawsuit against Google revealed the amount Google paid Apple. Additionally, the proceedings indicated an agreement between the two companies in which Google gives Apple a percentage of the revenue Google makes by having the search bar on the iPhone, according to the report.

Oracle and Google have been in a legal dispute since 2010 when Oracle alleged Google used Oracle's Java software to develop Android, according to the report.

During pretrial in the lawsuit, a Google witness said the revenue share between Google and Apple was 34 percent, but both Google and Apple have fought to remove mention of this number from the record.

"The specific financial terms of Google's agreement with Apple are highly sensitive to both Google and Apple," Google said in a recent filing, according to the report. "Both Apple and Google have always treated this information as extremely confidential."

More articles on Google:

Are Epic and Cerner healthcare's Apple and Android? 7 Core Thoughts
Google, Alphabet & healthcare: 7 things to know about the new conglomerate
Google files patent for digital medication reminder

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars