[HN Gopher] Google pays Apple $18B to $20B a year to keep its se...
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Google pays Apple $18B to $20B a year to keep its search in iPhone
Author : rntn
Score : 29 points
Date : 2023-10-10 20:06 UTC (2 hours ago)
(HTM) web link (www.theregister.com)
(TXT) w3m dump (www.theregister.com)
| lxe wrote:
| These numbers seem too high. That's like 10% of Google's annual
| revenue.
| [deleted]
| bequanna wrote:
| What percentage of their ad revenue is generated from iPhone
| users searches?
| m-p-3 wrote:
| Then that means they either make more than that amount from
| searches made on iOS, or they consider that amount as the cost
| of doing business to keep their search engine as the default on
| iOS, and they'd lose more money if they didn't.
| SushiHippie wrote:
| And it's 5% of apples revenue.
| marc__1 wrote:
| Would be interesting to hear from the accountants in HN if this
| violates U.S. GAAP rules for publicly-traded rules regarding
| disclosures.
|
| https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/fin...
| sfe22 wrote:
| Does this mean Apple is a major ad-tech player involved in buying
| and selling their own customer data (through partner comany but
| that does not matter much does it)?
| The_Rob wrote:
| It's trivial to change default search provider, not sure why
| Apple wouldn't take the money. It's still up to the user.
| brundolf wrote:
| Defaults are powerful, most people don't notice or care
| brucethemoose2 wrote:
| Yeah. This is an understatement, and its not a weak
| statement.
| ojosilva wrote:
| The amount ranges sound right. It's not what Google is willing
| to/could pay for user acquisition. It's the amount competitors
| (Microsoft!) could pay for it if Google didn't, and that's what
| sets the market. And, furthermore, the sum needs to be enticing
| to Apple, who could also opt to give the user a sorted list of
| search providers on first use. Having a search default has its
| reputational risks, like looking cheap, biased or "sold" to
| Google.
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(page generated 2023-10-10 23:02 UTC)