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Tuesday, May 15
2012, 6:22 PM
Why Android matters to Google (GOOG): Macquarie's Ben Schacter estimates Google pays Apple...
Why Android matters to Google (GOOG): Macquarie's Ben Schacter estimates Google pays Apple (AAPL) a 50%-60% cut on iOS searches conducted via the default Mobile Safari browser. Thus, while Google profits from iOS searches, its profits much more, on average, from Android searches. Google boasted last fall its mobile ad business is on a $2.5B run rate, though concerns have recently emerged about both its mobile ad rates and revenue-sharing deals. (also)