There becoming the biggest rivals in the technology industry but putting competition aside, Google will be giving Apple 1 billion dollars this year.
It’s an interesting situation as Apple does not have it’s own search engine so it offers to put other company’s search engine on for a fee. Google, being the most popular and richest search engine, has come up with the cash.
The deal that Google and Apple have is that Google will pay Apple for each device that is sold with Google as the default search engine. The popularity of the iPhone and iPad over the past few years has meant that this figure has increasing dramatically.
iOS has proven to be a good investment for Google since 80 percent of the revenue that Google receives from smartphones originates from iOS devices rather than Android devices.
Google have striked a similar deal with browser companies such as Mozilla, who receive nearly $400 million from Google in fees.