Google Inc paid Apple Inc $1 billion in 2014 to keep its search bar on the iPhone, Bloomberg reported, citing a transcript of court proceedings related to a copyright lawsuit filed by Oracle Corp against the search giant.
Google, a unit of Alphabet Inc, gives Apple a percentage of the revenue it generates through the iPhone but details of the arrangement have never been made public.
Bloomberg, citing a transcript of the Oracle-Google pretrial last week, reported on Thursday that a Google witness had revealed that the revenue share was 34 percent at one point.
However, it was not clear whether that percentage represented the amount kept by Google or paid to Apple, the report said.
The court transcript that was the source of the Bloomberg report is no longer available online.
http://www.interaksyon.com/infotech/google-paid-apple-1-billion-in-2014-to-keep-search-bar-on-iphone-bloombergSent from my B1-730HD using Tapatalk
