Analyst: Google’s default search deal worth $3 billion to frenemy Apple (Search Engine Land)

Search Engine Land: Analyst: Google’s default search deal worth $3 billion to frenemy Apple. “As Apple and Google became direct competitors following the rise of Android, industry observers wondered if (and anticipated that) someday, Apple would cease to offer Google as the iPhone’s default search engine. And while Cupertino has diversified away from Google, via Spolight Search, Siri and Bing, Google is still the dominant search tool on the iPhone. Now, a Wall Street analyst, Toni Sacconaghi of Bernstein, speculates that Apple may collect as much as $3 billion in ‘services’ revenue this fiscal year from Google.”

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