The incredible amount of money Google makes from iPhone users has been announced
November 14, 2023
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Owner of the world’s most popular search engine Googling, appeared in court on charges of monopoly in several cases that started recently. One of these cases is about
Owner of the world’s most popular search engine Googling, appeared in court on charges of monopoly in several cases that started recently. One of these cases is about the company’s influence on the search engine market. be a monopoly the case in which he is accused. In the process, Google appears to have revealed more than it wanted to reveal.
In the first phase, Google and Apple made statements to keep their agreement hidden from the public. Earlier in the case, Google was depending on several manufacturers to become the default search engine in 2021. $26 billion paid, this payment $18 billion It turned out to be made for Apple.
Google gives Apple 36% of its revenue from Safari
The fact that Google shares 36% of its Safari revenue with Apple – which amounts to $18 billion – means the company has at least one share thanks to iPhone users alone. 50 billion dollars It means he won.
CEO of Google Sundar Pichai, He had argued throughout the case that they were not monopolies and that they were favored because they were better than their competitors. Kevin Murphy, an economics professor at the University of Chicago, said Google gets revenue from Safari over a third He announced that he had paid Apple. While Murphy stated that such agreements are normal in the competitive structure of the market, “these payments from Google expose competition.” He made a statement.
According to Google, the fact that they have to pay billions of dollars to Apple proves that there is competition.
A secretly taken photo of Apple CEO Tim Cook and Google CEO Sundar Pichai at a dinner party.
A kind of Google and Apple distribution of profits It was known that they had signed the agreement, but there was no information about the details of the agreement. In his defense, Pichai emphasized that the search engine “wants to provide users with a fluid and convenient experience, even if it means paying high prices.” The court listed the searches with which Google made the most money this month. on the list “iPhone”, “Car Insurance”, “Hulu” And “AARPSearches such as ” are also included.
The litigation process is not very good for Google. Things aren’t going the way they want And sometimes the company has to release information it doesn’t want to release. For this reason, Google has filed requests to remove Google executives’ statements about certain trade secrets from court documents.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.