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[BGR] Google May Be Paying Apple $1 Billion A Year To Be the Default Search Engine in iOS

post #1 of 37
Thread Starter 
Quote:
Google (GOOG) could be paying Apple (AAPL) as much as $1 billion a year for the right to the be default search engine on iPhones, iPads and the iPod touch. Scott Devitt of Morgan Stanley praised Google in a recent note to investors, Business Insider reported. The analyst said, “the next Google is Google,” noting that the company is continuing to prove itself in an ever-changing market. He believes that Google’s search business has more room to grow in expanding markets and subsidiaries such as YouTube could generate as much as $20 billion by 2020.

http://bgr.com/2013/02/11/google-apple-ios-default-search-1-billion-324728/

Hope they put that massive revenue to good use expanding Google Fiber!
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post #2 of 37
ERMAHGERD.
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post #3 of 37
Ohzzzzzz NOEZZZZZ
post #4 of 37
Wait... $1'000'000'000 a year?
._.
post #5 of 37
CAPITAL LETTERS!!!!
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post #6 of 37
Thread Starter 
Quote:
Originally Posted by MrLime View Post

CAPITAL LETTERS!!!!

Yea sorry, I was contemplating on changing it but as the source had it that way I left it. Changing now!
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post #7 of 37
This is good but also bothers me, Google is slowly destroying Youtube, and their reputation is pretty low too. We need alternatives, I hope Bing grows.
post #8 of 37
20 Billion ... by YouTube alone... I hate to say it but I doubt that's even remotely true. I mean come on people, haven't we been through enough stock market bubbles already to be a little bit more cautious these days ? The dot com bubble, bad Facebook IPO, now this... when will they ever learn.
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post #9 of 37
Quote:
Originally Posted by assaulth3ro911 View Post

This is good but also bothers me, Google is slowly destroying Youtube, and their reputation is pretty low too. We need alternatives, I hope Bing grows.
How are they destroying YouTube? It's as popular as ever.
post #10 of 37
Thread Starter 
Quote:
Originally Posted by MoGTy View Post

20 Billion ... by YouTube alone... I hate to say it but I doubt that's even remotely true. I mean come on people, haven't we been through enough stock market bubbles already to be a little bit more cautious these days ? The dot com bubble, bad Facebook IPO, now this... when will they ever learn.

Do you know how much advertising is done on Youtube? A single huge, successful video like Gangnam Style generated about $350k in ad revenue.
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