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

Facebook may start production of its own microprocessors

Long-Term Alcohol Monitoring Could Be Possible With A New Injectable Chip Developed By U.S. Researchers

Sweden Now Has The First Electrified Road In The World

Over 270,000 Account Globally Banned From Twitter For Promotion Of Terrorism

Device Capable Of Hearing The Inner Voice Developed By Researchers

New mobile technologies will warn about natural disasters

The brewing industry welcomes blockchain

Asset-Sharing App Of Ryder Is Meant For Commercial Vehicles

Credit Suisse: China will become the leader in AI sphere

Five new technologies that will change the world

World Politics

World & Politics

Will Merkel accept Macron's plans for Europe?

USA and China are pushing North Korea to denuclearization

Germany's dilemma: Will the atomic energy win?

A Forceful Response To Syria Attack Will Be Given By U.S.: Trump

Is Trump’s Maximum Pressure Tactic On North Korea Succeeding Because Of China?

Why are Turkey-EU relations moving back?

Record-Breaking $39 Million raised for Rare Cancer Research in 2018 by Cycle for Survival

Hackers stole data of 5 million bank cards