Google on iPhone worth $100 million to Apple

Silicon Alley Insider
Despite recent strategic conflicts between the two companies, Google is likely to remain the default search engine on Apple’s iPhone, according to a report out today. Jay Yarow at the Silicon Alley Insider reports that Apple receives more than $100 million per year in revenue share from the Google partnership. “For Apple, that’s not a lot of money. But, it’s enough that it doesn’t make sense for Apple to put considerable resources towards building its own Internet search engine.”

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