In a recent report by Bernstein’s Toni Sacconaghi, a huge chunk of Apple’s revenue comes from the Tech Giant; Google. Sacconaghi and his team, came to the conclusion that, Google may pay Apple around $3 Billion this year, as the part of the deal. This is a huge amount, no doubt; but eventually what Google pays Apple, is the profit amount which Google makes via the usage of the consumers on the Apple devices. Apple have many sources of revenue, including their sales of numerous devices, also through the purchases made on iTunes and Apple’s App Store. But eventually, Google pays a lot to Apple, and clearly is a huge part of the revenue. Read More
