Apple is being paid over $100 million per year in its search deal with Google, a source tells Silicon Alley Insider. A lesser-known fact of the companies' partnership is that Google shares a small amount of its search revenue with Apple as a result of being the default search engine on the iPhone. A $100 million sum is said to be relatively trivial for Apple, but enough that the company has no reason to invest in a search engine of its own..
Google search deal netting Apple over $100 million yearly?
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