Looking at Google and Apple, you will easily assume that both companies are fierce rivals but that is not the case. Google and Apple share a business relationship that forks out billions of dollars from the formers purse into the latter’s purse. This is what reports by CNBC recently revealed. According to the news agency, investment research firm Bernstein reports that Google will be paying Apple up to $3 Billion this year.
A.M. Sacconaghi Jr., an analyst with Bernstein was quoted as saying; “Court documents indicate that Google paid Apple $1B in 2014, and we estimate that total Google payments to Apple in FY 17 may approach $3B.” “Given that Google payments are nearly all profit for Apple, Google alone may account for 5% of Apple’s total operating profits this year, and may account for 25% of total company OP growth over the last two years.”
This is a good business deal for both companies. In case you are wondering how Google benefits from all this, remember that Google is first a search company that generates revenue from Ads. There is no better way to ensure profit than having a standby search bar on one of the most popular smartphone brands in the world.
For them to be paying such huge amounts of money to them means they are getting huge revenue in returns, Google can also just be trying to stay top of the game. This guys are good.
They’re surely making it big
they are really making it big like you said
it’s all about having a great business strategy… Google, the company, they are wise… forget the money… they know what they are doing
I think you are right there
I.totally agree with your assessment
Google owns that position. They have occupied the search bar of most devices. Infinix especially
But Google is doing well for themselves so I think they deserve everything
yes they are really doing well like you said
All androids except you change it yourself
I think you are right on the money there
They are making so much profit in it, that why they don’t want them to change the search engine
Of course yes. Big time business
I totally agree there
It all about the money
Day the Google won’t be a default search in Apple products Will be my last Day with Apple products
Hia! Are you sure you will stop using it?
They are westing their time that place
Its a lie joor. Will dump your device if that happens?
Its a business strategy, use money to make money
Exactly my brother… They know what they are doing
That’s just the real fact
You are right my guy
And its a bold step towards a brighter future partnership
Billions of dollars, hmmmmmm that’s a huge risk ooo
The bigger the risk, the bigger the profit
And again someone thought me the bigger the risk the bigger the gain
Don’t forget if there be lost it’ll be huge too
But come to think of it, if Google could dull out such a huge sum,just to be the default search engine,, then they intend making 5 times or more
Its a long time investment, and it will surely pay off,cus now a days most people just Ask GOOGLE
analysing the SWOT of the deal, I think its a positive one. A nice move though
You are correct. They will gain massively from this deal
Google likes making cool investment businesses that will generate millions of dollars in the future.
I am not surprised, this is one of the many reasons iPhone 7 sells for about #380k
You are correct
they have the money
When google is talking, yahoo should just sit-down dae look
Haha! You are funny but Google is also trying shaa
Google lead while others follow
like I said before in my previous post on Facebook, what in this world can I produce and people will be paying me just for using it.
Pretty much anything
There are so many things you can produce and people will be paying you to use it. Just make a research
More money for apple
Apple’s iOS devices contribute about 50 per cent to Google’s mobile search revenue, according to Sacconaghi, suggesting Google would be unlikely to walk away from the licensing deal even if it suspected Apple would stick with Google as the default search engine anyway, given its huge popularity.
Very true,the core details of partnership,
Google is really expanding its territories in terms of advanced technology.
Bing Yahoo and the likes are no match for Google in terms of general searching
Google partnering with IPhone is a great deal
If they can pay that huge amounts of money, that means they are getting huge revenue in returns, Is a game.
They were Left to no choice than to pay them such huge amount because they know what they gain in it. That’s superb
Exactly.! They will definitely get double of what they paid
Google knows what they get from it…#fact
Thats a huge amount but i believe they will they will get back the money in a short space of time.
They will definitely get their money back and even get it double
Thats business. Google will make more profits
Yes ooooo if you put effort in it
I salute Apple for standing out
Help me salute them joo. They know exactly how to make use of their money
you are totally right
That’s quite a lot of money but a good deal. Win win situation.
you are totally right
That’s a huge sum of money and I hope they make good use of the cash.
to u are totally correct
And on the other hand I also hope Google is going to get their money back in a short while and even make more gain out of the deal.
Sure. There is no way that Google will be paying that kind of money without getting it back,
And doing that makes them the default search engine to apple, and thus more adverts and money
Who wants to compete with them sef? They are obviously ahead of others.
Truth be told… You are correct
The thing is that they are business oriented. They know how and where to put their money
Na wa oOoo. I have finally seen everything in this life. Lol
that is very very funny indeed
Google and Money….they can even buy nigeria
How I wish they will agree to buy Nigeria so that they can help manage this country and make it better
they can’t buy a country though
They will definitely make bouble or even triple of what they paid
What I mean is double not bouble
Now I understand you
Even in triple cus people log in on google almost every seconds.
exactly because I just logged in too
You use money to find money…
you are correct that’s business
Way to go google.
yes they really did well
This is a good business deal for both companies.
you are totally correct
How I wish I could be in this kind of deal with Google , I need that money
Apple i must say are doing a nice job on their products
I totally agree with you on this
Google don’t want to carry last in this bloody market
they are already top
So much money for just that feature
I think it’s worth it in business
If they can pay that huge amounts of money, that means they are getting huge revenue in returns, Is a game.
yes their revenue must be very high
Carry last?. That’s not possible
goggle can never carry last bro
Moving forward Google
yes they really are moving forward
I think Mack zugerburg id part of the team
I am beginning to think so too
I initially did not believe this
I didn’t believe it myself too
it’s all about having a great business strategy…
I think you have a point
i like the fact that google did not limit themselves to a particular brand… they put themselves out there and you do not even need goggles to see them
funny you don’t need goggles to see Google
This is a good business deal for both companies
yes both will truly benefit from this
yes their revenue must be very high