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Apple’s search deal with Google is very lucrative to the company, a court witness claims, with the iPhone maker said to receive about 36% of the revenue generated from Safari search result advertising.
In Monday’s continuation of the Justice Department’s antitrust trial against Alphabet, a witness took to the stand to defend Google, but in the process revealed a key financial figure.Bloomberg reports that Kevin Murphy, a professor at the University of Chicago, told the court that Apple gets in the region of 36% of the revenue for Google searches in the Safari browser, due to the deal to make Google the main search in the browser.
In Monday’s continuation of the Justice Department’s antitrust trial against Alphabet, a witness took to the stand to defend Google, but in the process revealed a key financial figure.Bloomberg reports that Kevin Murphy, a professor at the University of Chicago, told the court that Apple gets in the region of 36% of the revenue for Google searches in the Safari browser, due to the deal to make Google the main search in the browser.
Go Here to Read this Fast! Google paid 36% of Safari search revenue to Apple
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Google paid 36% of Safari search revenue to Apple
