Apple’s Google search payment – the billions of dollars Google pays to be the default search engine on Apple devices – is likely safe for years to come, say analysts. The controversial payment is thought to contribute as much as 3% of Apple’s pretax profit, but is potentially under threat from antitrust action.
Neither company has ever disclosed the sum, which Apple lumps into its Services category without splitting it out, but one of the more recent estimates suggested that it would amount to between $18B and $20B this year …
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