Google is paying $10 billion to be the default search engine on iPhone
(iMore iPhone)

What you need to know Google paid upwards of $10 billion to be the default search engine on iPhone in FY 2020. Payments could increase to over $15 billion in FY 2021. Google`s deep pockets keep it the default search engine on the iPhone. Google is paying an insane amount of money to be the default search engine on the iPhone. In a note from Bernstein analyst Toni Sacconaghi seen by Ped 30, Google`s payments to remain the default search engine on the iPhone may have topped $10 billion in FY 2020. According to the analyst, payments from Google to Apple for this exclusivity may reach upwards of $15 billion in FY 2021. We now estimate that Google`s payments to AAPL to be the default search engine on iOS were ~$10B in FY 20, higher than our prior published model estimate of $8B. Recent disclosures in Apple`s public filings as well as a bottom-up analysis of Google`s TAC (traffic acquisition costs) payments each point us to this figure… We now forecast that Google`s paymen...