Google Could Pay Apple $1 Billion Next Year To Remain Default Search Engine On iOS, Report Says

Apple and Google are enemies and partners at the same time due to asymmetric competition. According to a report from Morgan Stanley, Google could pay more than $1 billion in 2014 to remain the default search engine on iOS. In 2009, Google paid only $82 million for the privilege. Analyst Scott Devitt believes that it is a per-device deal growing every year.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/HfVGEn5fz3g/

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