Apple’s deal with Google that makes it the default engine on Safari faces uncertainty as the U.S. Department of Justice’s antitrust lawsuit looms, The Information reports.
Apple’s contract with Google, which ensures that Google’s search engine is the default on Apple’s Safari browser, has been a significant source of revenue. In 2022, the arrangement reportedly netted Apple over $20 billion, an amount derived from 36 percent of the ad revenue generated by searches on Safari, as revealed in court documents.
The agreement has substantial financial implications for both companies. For Apple, the payments from Google constitute an important revenue stream as a significant proportion of its profits. If the court rules against Google, it could lose access to approximately 70 percent of iPhone searches. This would significantly impact Google’s mobile search advertising revenue, which was a major contributor to its $207 billion in search ad revenue in 2023.
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