Apple quietly makes billions from Google Search each year, and it's a bigger business than Apple Music

Apple quietly makes billions from Google Search each year, and it's a bigger business than Apple Music

Google paid Apple $9.4 billion in 2018 to be the default search engine on the iPhone, according to a new Goldman Sachs estimate.

This makes Google's payment to Apple worth as much as 23% of Apple's services business, which the company has highlighted as its growth engine as iPhone sales slow.

Google could pay Apple as much as $12.2 billion next year, according to Goldman's model.

https://www.thisisinsider.com/apple-makes-billions-google-search-goldman-sachs-report-2019-2
https://www.thisisinsider.com/apple-makes-billions-google-search-goldman-sachs-report-2019-2