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Google's Payments To Apple Reached $20 Billion in 2022, Antitrust Court Documents Show
jeudi 2 mai 2024, 17:20 , par Slashdot/Apple
Google and Apple had hoped to shield the payment amount from public disclosure. At the trial last fall, Apple executives testified that Google paid 'billions,' without specifying a number. A Google witness later accidentally disclosed that Google pays 36% of the revenue it earns from search ads to Apple. Court documents filed late Tuesday ahead of the closing arguments mark the first public confirmation of the figures by Apple's senior vice president of services, Eddy Cue. Such numbers aren't disclosed by either company in their securities filings. The documents also revealed the importance of the payments to Apple's bottom line. For instance, in 2020, Google's payments to Apple constituted 17.5% of the iPhone maker's operating income. Read more of this story at Slashdot.
https://apple.slashdot.org/story/24/05/02/1320207/googles-payments-to-apple-reached-20-billion-in-20...
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