Daily Management Review

Will You Be My Search? Google Paid Apple for Google Search in iOS


01/22/2016


During one of the Apple-Google trials, it became known that Google paid Apple $ 1 billion for the right to be the default search on iPhone and iPad. In addition, Google was paying Apple a certain proportion of revenue earned with help of Apple devices, sometimes this proportion reached 34%.



As reported by Bloomberg, in 2014 Google paid Apple $ 1 billion to keep Google the default search on the iPhone and iPad. This was announced during one of the proceedings of Oracle against Google for copyright issues. Oracle’s lawyer Annette Hurst said that an agreement between the two technology corporations also stipulated that Google pays Apple a certain percentage of the proceeds received when using iPhone and iPad. According to her, this share reached 34% at some point in time.

Rumors of such an agreement went before, but then specific amount was not known, and the companies have been refusing to comment on this information. A few days ago, Google has released a statement where said that "the financial terms of the agreement between Google and Apple are very sensitive for both companies. Apple and Google have always considered this information as highly confidential." Google’s lawyer tried to get the court not to disclose this information, but the judge refused to fulfill the company’s request.

Recall that Oracle, one of the world's largest software developer, has filed a lawsuit against Google back in 2010. The company accused Google of violating several patents owned by Oracle’s technology related to Java. According to Oracle, Google, without consent of the right holder, included in the mobile OS Android series of proprietary Java-development.

Last July, Google released the quarterly report: its revenue increased in the second quarter by 11% to $ 17.7 billion, and net profit - by 17%, to $ 3.93 billion. Revenue growth was achieved primarily by increase in advertising revenue. After the report’s publication and Chief Financial Officer Ruth Porat’s speech on increased discipline in cost management, Google shares rose 12%.

Apple, which began selling its "smart" watches Apple Watch last April, came in second place in the market of portable devices, according to the IDC. In the second quarter, the company shipped 3.6 million units (19.9%). The current leader Fitbit shipped 4.4 million units (24.3%). Chinese Xiaomi Mi Band is in third place with 3.1 million "smart" watches (17.1%). Overall, the market of portable devices grew by 223.2%, to 18.1 million units.  

source: bloomberg.com






Science & Technology

Germany Introduces The First Ever Train To Run On 100% Hydrogen

Germany Plans On Cyber Security Research To End Reliance On U.S. Tech

Fuchsia will kill Android by 2023: Top 5 facts about the new OS

New Study Finds Goats Interact More With Happy People

More than 32 thousand "smart" houses under threat of hacker attack

Internet addiction and children: Global plague

Apple takes up to develop Apple Watch for health monitoring

Hyperloop is growing in Europe

Analysts: US gamers prefer mobile games

Google Assistant Winner Of Head-To-Head Test Of Digital Assistants, Beats Siri And Alexa

World Politics

World & Politics

Ex-Brexit Minister Said A ‘Reset’ Is Needed For Brexit Talks

10 countries with the best healthcare systems

Foreign Experts To Be Allowed By North Korea For Permanent Destruction Of Missile Sites

Ireland recovers €14.3 billion from Apple

Is China going to cancel its birth limit policy?

The US is ready to start negotiations with China

US and China start 5G race

Is Czech Republic posing a threat to the European Union?