Google pays Apple billions to stay on iPhone
@ 2017/08/15That's a nice little search engine we would hate for it to be broken
Google is shelling out billions of dollars in protection to the fruity tax-dodging cult Apple so that it can stay the default search engine on iPhones and iPads.
The market watcher outfit Bernstein found the payments which it thinks are worth about $3 billion this year, up from $1 billion just three years ago and that Google's licensing fees make up a large bulk of Apple's services business.
Apple has been touting its services business as a quickly growing segment of the company, noting that it expects that branch alone will soon be as large as a Fortune 500 company.
Google is shelling out billions of dollars in protection to the fruity tax-dodging cult Apple so that it can stay the default search engine on iPhones and iPads.
The market watcher outfit Bernstein found the payments which it thinks are worth about $3 billion this year, up from $1 billion just three years ago and that Google's licensing fees make up a large bulk of Apple's services business.
Apple has been touting its services business as a quickly growing segment of the company, noting that it expects that branch alone will soon be as large as a Fortune 500 company.