News Nation Logo

Google paid Apple $1 billion to keep its search function on iOS devices?

Did Tech Giant Google Pay Apple $ 1 Billion To Showcase The Search Function On The IPhone?

News Nation Bureau | Edited By : Devika Chhibber | Updated on: 22 Jan 2016, 08:02:43 PM

New Delhi :

Did tech giant Google pay Apple $ 1 billion to showcase the search function on the iPhone?

Well, according to the reports, the search giant seemingly shelled out $1 billion for the privilege in 2014.

The details came into media after the information was exposed in a transcript of court proceedings between Oracle and Google.

According to a report, the result of an agreement the two companies have that gives Apple a percentage of the revenue Google earns through iPhones and iPads.

"At one point, the revenue share was 34 percent between Apple and Google. After that figure was revealed, both companies attempted to hide it," reports added.

 Both Google and Apple are not ready to comment on the reports.

For all the Latest Business News, Companies & Commodities News, Download News Nation Android and iOS Mobile Apps.

First Published : 22 Jan 2016, 07:56:00 PM

Videos