CEO Sundar Pichai expressed concern over the bad optics around the Google-Safari deal in emails from 2007.
How much is it worth to be the iPhone’s default search engine? Somewhere between $18 and $20 billion a year. According to a Bernstein analyst, that’s how much Google is paying Apple to keep its top spot, representing roughly 15% of the iPhone maker’s annual operating profits. Bernstein analysts are looking into Apple’s exposure to the Department of Justice’s antitrust lawsuit against Google, originally reported by The Register.
“I don’t think it is a good user experience nor the optics is great for us to be the only provider in the browser,” said Pichai in emails to co-founders Larry Page and Sergey Brin that were revealed in the case. The Justice Department’s lead litigator Kenneth Dintzer, estimates Google’s ISA payments to be over $10 billion, and while the true figure remains confidential, the $18-$20 billion estimate assumes a new magnitude.
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