Oracle lawsuit reveals Google paid $1 billion fee for search


Bloomberg:

Google Inc. is paying Apple Inc. a hefty fee to keep its search bar on the iPhone.

Apple received $1 billion from its rival in 2014, according to a transcript of court proceedings from Oracle Corp.'s copyright lawsuit against Google. The search engine giant has an agreement with Apple that gives the iPhone maker a percentage of the revenue Google generates through the Apple device, an attorney for Oracle said at a Jan. 14 hearing in federal court.

It appears the arrangement may be roughly a 1/3 cut of ad revenues. Interesting that Apple made that much just for making Google the default search engine, but also presumably iOS search generated $3 billion in ad revenue for Google.