10-18-2021, 11:59 AM
TIL Google pays Apple about $12 billion every year to make Google the default search
<!-- SC_OFF --><div class="md"><p>I was trying to estimate the value of Brave browser and its associated token when I came across these articles about what Google pays Apple. </p> <p><strong>2021 estimate of Google/Apple deal is actually $15 Billion per year:</strong></p> <p><a href="https://gizmodo.com/google-will-continue-to-pay-apple-billions-to-keep-you-1847564608">https://gizmodo.com/google-will-continue-to-pay-apple-billions-to-keep-you-1847564608</a></p> <p>Oct. 2020 US Department of Justice lawsuit:</p> <blockquote> <p>"In exchange for this privileged access to Apple’s massive consumer base, Google pays Apple billions of dollars in advertising revenue each year, with public estimates ranging around $8–12 billion. The revenues Google shares with Apple make up approximately 15–20 percent of Apple’s worldwide net income."</p> </blockquote> <p><a href="https://www.justice.gov/opa/pr/justice-department-sues-monopolist-google-violating-antitrust-laws">https://www.justice.gov/opa/pr/justice-department-sues-monopolist-google-violating-antitrust-laws</a></p> <p>2020 summary of DOJ lawsuit: <a href="https://www.cnet.com/tech/mobile/google-was-sued-by-the-us-government-heres-what-that-means-for-you/">https://www.cnet.com/tech/mobile/google-was-sued-by-the-us-government-heres-what-that-means-for-you/</a></p> <p><strong>Further, Google also pays Firefox an estimated $400-450 Million per year, and Google's payment represents almost the entirety of Firefox's income.</strong> The Firefox user base has been steadily declining, losing about 1 million users per month over the last year, and it's approx. 200M user base currently represents an estimated 3.5% market share of the total browser market. </p> <p><a href="https://www.theverge.com/2020/8/15/21370020/mozilla-google-firefox-search-engine-browser">https://www.theverge.com/2020/8/15/21370020/mozilla-google-firefox-search-engine-browser</a></p> <p><a href="https://en.wikipedia.org/wiki/Usage_share_of_web_browsers?wprov=sfla1">https://en.wikipedia.org/wiki/Usage_share_of_web_browsers?wprov=sfla1</a></p> <p><a href="https://data.firefox.com/dashboard/user-activity">https://data.firefox.com/dashboard/user-activity</a></p> <p>Brave Browser added an average of 1.5 million users per month over the last year, doubling it's user base from 18M to 36M users. BAT currently has a market cap of just over $1B. </p> <p><a href="https://brave.com/36m-mau/">https://brave.com/36m-mau/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Awhodothey"> /u/Awhodothey </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qahv1i/til_google_pays_apple_about_12_billion_every_year/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qahv1i/til_google_pays_apple_about_12_billion_every_year/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I was trying to estimate the value of Brave browser and its associated token when I came across these articles about what Google pays Apple. </p> <p><strong>2021 estimate of Google/Apple deal is actually $15 Billion per year:</strong></p> <p><a href="https://gizmodo.com/google-will-continue-to-pay-apple-billions-to-keep-you-1847564608">https://gizmodo.com/google-will-continue-to-pay-apple-billions-to-keep-you-1847564608</a></p> <p>Oct. 2020 US Department of Justice lawsuit:</p> <blockquote> <p>"In exchange for this privileged access to Apple’s massive consumer base, Google pays Apple billions of dollars in advertising revenue each year, with public estimates ranging around $8–12 billion. The revenues Google shares with Apple make up approximately 15–20 percent of Apple’s worldwide net income."</p> </blockquote> <p><a href="https://www.justice.gov/opa/pr/justice-department-sues-monopolist-google-violating-antitrust-laws">https://www.justice.gov/opa/pr/justice-department-sues-monopolist-google-violating-antitrust-laws</a></p> <p>2020 summary of DOJ lawsuit: <a href="https://www.cnet.com/tech/mobile/google-was-sued-by-the-us-government-heres-what-that-means-for-you/">https://www.cnet.com/tech/mobile/google-was-sued-by-the-us-government-heres-what-that-means-for-you/</a></p> <p><strong>Further, Google also pays Firefox an estimated $400-450 Million per year, and Google's payment represents almost the entirety of Firefox's income.</strong> The Firefox user base has been steadily declining, losing about 1 million users per month over the last year, and it's approx. 200M user base currently represents an estimated 3.5% market share of the total browser market. </p> <p><a href="https://www.theverge.com/2020/8/15/21370020/mozilla-google-firefox-search-engine-browser">https://www.theverge.com/2020/8/15/21370020/mozilla-google-firefox-search-engine-browser</a></p> <p><a href="https://en.wikipedia.org/wiki/Usage_share_of_web_browsers?wprov=sfla1">https://en.wikipedia.org/wiki/Usage_share_of_web_browsers?wprov=sfla1</a></p> <p><a href="https://data.firefox.com/dashboard/user-activity">https://data.firefox.com/dashboard/user-activity</a></p> <p>Brave Browser added an average of 1.5 million users per month over the last year, doubling it's user base from 18M to 36M users. BAT currently has a market cap of just over $1B. </p> <p><a href="https://brave.com/36m-mau/">https://brave.com/36m-mau/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Awhodothey"> /u/Awhodothey </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qahv1i/til_google_pays_apple_about_12_billion_every_year/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qahv1i/til_google_pays_apple_about_12_billion_every_year/">[comments]</a></span>Kind Regards R