Google Pays Apple $18B to $20B a Year to Be Default iOS Search Engine

It's widely known that Apple and Google have a considerable monetary agreement that ensures Google's position as the default search engine on Apple's iOS devices, but neither company reveals the amounts involved. In 2021, financial advisor Bernstein suggested Google was paying Apple as much as $10 billion a year to maintain the status quo. However, in a new investor note, the analyst claims Google's payment to Apple is now between $18 billion and $20 billion.