Google Paid Apple $1 Billion to Keep Search on iPhone

Joel Rosenblatt writing for Bloomberg:

Google Inc. is paying Apple Inc. a hefty fee to keep its search bar on the iPhone.

Apple received $1 billion from its rival in 2014, according to a transcript of court proceedings from Oracle Corp.’s copyright lawsuit against Google. The search engine giant has an agreement with Apple that gives the iPhone maker a percentage of the revenue Google generates through the Apple device, an attorney for Oracle said at a Jan. 14 hearing in federal court.

I assume DuckDuckGo isn’t. It also doesn’t track you. You can set it up as your default search engine on iOS and OS X.

Update

For those of you wondering how much this influences Apple’s finances, Horace Dediu has a nice illustration.