Google paid Apple $1 Billion for its search bar

Apple received approximately a billion dollars from its rival in 2014 to maintain the search bar on the iPhone.The Oracle attorney who disclosed details of the Google-Apple agreement at last week’s court hearing, said a Google employee questioned during pretrial information said that “at one point in time the revenue share was 34 percent.” It is unclear if the percentage is the Apple or Google’s cut of the earnings. The assumption is that the 34 percent is in fact Apples. Google attorney objected to the disclosure: “That percentage just stated, that should be sealed,” lawyer Robert Van Nest said,...

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