Google pays apple over $100 million annually for search deal
Will Apple build its own search engine? Not likely, as the company is getting over US$100 million a year from Google in its revenue share deal, reports “BusinessWeek” (http://www.businessinsider.com/apple-getting-more-than-100-million-annually-from-google-for-the-iphone-2010-2) as Google is the default search engine in Safari.
Sure, that’s not a lot of money for Apple, “but it’s enough that it doesn’t make sense for Apple to put considerable resources towards building its own Internet search engine.” Of course, if Apple wanted more money or options, there’s Microsoft and Bing.
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