US v. Google: all the news from the search antitrust showdown
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Well, that’s an interesting name for it.
The big DOJ antitrust trial over Google Search revealed last week that Big G pays Apple $20 billion a year to be the default search on iOS. That’s over 20 percent of the “services” revenue Tim Cook loves to talk about on earnings calls, but hey, where is all that money on the balance sheet?
BI’s Peter Kafka found out: Apple categorizes it as “advertising.”
Why Apple's ad business isn't what you think it is
[Business Insider]
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