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Follow on Google News | Google to Pay Appple 1 Million | Ben Grubb | Martin DamatoGoogle is expected to pay Apple $US1 billion in 2014 to keep Google.com as the default search engine on iOS devices like the iPhone, iPad and iPod Touch, according to Morgan Stanley.
By: martin.damato.me The financial services (http://martindamato.me/ Morgan Stanley analyst Scott Devitt bases (http://www.google.com/ Mr Devitt estimates the cost Google has been paying to Apple per device has been growing year-on-year and that so too has the number of iOS devices Apple has sold. Because of this, he estimates that Apple will in 2014 be raking in about $US1 billion from Google for the privilege of keeping Google.com as iOS’s default search engine ahead of rivals Bing and Yahoo. Advertisement The deal Google has with Apple is similar to one it has with the makers of the Opera and Mozilla web browsers, which both have Google.com as the default search engine. According to Morgan Stanley, the Mozilla Foundation is expected to get $US400 million in 2014 in its deal with Google. One of the reasons Google sees value in having its search engine as the default on iOS devices is because, according to AppleInsider calculations (http://www.google.com/ Whether the Apple-Google deal continues into the future – considering Apple recently removed Google as its default mapping application on iOS and replaced it with its own, which has been ridiculed by many (http://www.google.com/ Read more: http://www.smh.com.au/ End
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