Your iPhone searches could cost Google $1 billion this year
But it's better than Bing footing the bill
How much are iOS users worth to Google? $1 billion (about £641m, AU$976m), apparently, with one analyst firm predicting that's what it will cost the search giant to remain the default search engine on iOS.
We can just imagine Tim Cook rubbing his hands together gleefully and demanding "…One billion dollars!", half-expecting an eruption of laughter from the Google camp, like when Dr Evil tries the same thing.
But no, Google will likely bite just as it has done for the past few years despite the price steadily increasing according to Morgan Stanley's calculations.
Search wars
In fact, according to Morgan Stanley, Google only gets 25 cents for every dollar it makes from search advertising on iOS while Apple takes the other 75 cents.
So what's in it for Google? Keeping a hand in with iOS users, to start with, as well as all the lovely data it gets every time you look something up on the go.
And if Google pulls out, Microsoft's Bing is quite ready to step into the breach just as it has done on BlackBerry handsets (and, obviously, all Windows Phone devices). Google will be loathed to lose all those users to its Microsoft counterpart.
Despite the chunk of change Google's $1 billion represents, Apple could choose to do away with Google as the rivalry between the two firms and their mobile ecosystems deepens. However, we all saw what happened when it tried to ditch Google Maps...
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From TechCrunch
Former UK News Editor for TechRadar, it was a perpetual challenge among the TechRadar staff to send Kate (Twitter, Google+) a link to something interesting on the internet that she hasn't already seen. As TechRadar's News Editor (UK), she was constantly on the hunt for top news and intriguing stories to feed your gadget lust. Kate now enjoys life as a renowned music critic – her words can be found in the i Paper, Guardian, GQ, Metro, Evening Standard and Time Out, and she's also the author of 'Amy Winehouse', a biography of the soul star.