Reported 2 months ago
In a recent antitrust ruling favoring the Department of Justice, Google faces significant changes that could jeopardize its long-standing revenue-sharing agreement with Apple. This deal, which has Apple using Google as the default search engine, generates an estimated $20 billion annually for Apple, accounting for approximately 25% of its Services revenue. If this agreement is canceled, Apple stands to lose a major source of income, while Google could also see a drastic decrease in search traffic and revenue.
Source: YAHOO