US v. Google: Google paid Apple $20B in 2022 to be the default search engine in Safari; in 2020, Google's payments constituted 17.5% of Apple's operating income
The deal between the two tech giants is at the heart of the landmark case, in which antitrust enforcers allege Google …
Bloomberg Leah Nylen
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Discussion
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@benedictevans
Benedict Evans
on threads
Towards the high end of estimates, but not surprising.
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@rustybrick
Barry Schwartz
on x
$20 billion paid by Google to Apple to be the default search engine in Safari. That is a nice chunk of Apple's income!
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@d_feldman
Daniel Feldman
on x
Android owes its entire existence to reducing this pay-for-traffic fee slightly
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@timsweeneyepic
Tim Sweeney
on x
Just leaving this here [Link to guy gets thrown out of window Meme Generator]
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@carnage4life
Dare Obasanjo
on x
With all of the layoffs and transfer of core technology jobs to cheaper countries, I'm convinced Google management doesn't think their engineering teams matter. They simply need to cut Apple a bigger check each year to ensure they maintain default status and profits roll in. [ima…
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@darius
Michael Darius
on x
Google makes so much money on top of the $20bi they give Apple to be the default search engine. When @OpenAI 's ChatGPT announcement sent Google stock plummeting so many of us who watched Google steal Android's IP from Apple celebrated. Apple should have quit accepting stipends…
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@arpitrage
Arpit Gupta
on x
If “money Google pays Apple to be the default search engine on Safari” was a company, it would be worth about $500b
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@jason_kint
Jason Kint
on x
There is a report going around Apple is going to facilitate blocking of ads in Safari - it deserves your attention. Meanwhile, I want to connect dots w/ a number of redactions lifted (yellow) late last night in the post-trial docs of US v Google - closing arguments are tmw. /1 [i…
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@matthewstoller
Matt Stoller
on x
“What else would be helpful to discuss how we disrupt google search?” - Apple exec Eddie Cue, 2014 [image]
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@joshm
Josh Miller
on x
browsers! nearly 20% of apple's operating income - the iphone and computer company!
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@jason_kint
Jason Kint
on x
Loved that email. Almost as if a top executive at a trillion dollar company was deliberating what would scare the monopolist enough to raise its revenue share (learned last night to be 40% rev share contributing nearly 20% of Apple's profits) rather than enter the market.
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@jason_kint
Jason Kint
on x
It's critical to understand the importance of Safari to their Google deal under microscope. It's reasonable to say Safari delivers nearly 20% of Apple's Income from Ops almost entirely subsidized by Google. Without Safari, there is no Google deal. /2 [image]
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r/apple
r
on reddit
Google's Payments to Apple Reached $20 Billion in 2022