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Baidu's (BIDU) iOS search deal will result in the company making revenue-sharing payments to...

Baidu's (BIDU) iOS search deal will result in the company making revenue-sharing payments to Apple (AAPL), though Baidu adds the terms are similar to its deals with Android OEMs. The company has tried to lower these payments and promote its mobile services by developing its own Android-based OS, but uptake has been limited thus far. Management recently told Nomura Baidu has a 50% share of Chinese mobile search, as measured by traffic sent to other sites. (also)
Comments (2)
  • Artimedes
    , contributor
    Comments (-46) | Send Message
     
    The smartphone market is exploding as millions of Chinese move upward into the middle-class. 50% of search will be a heck of a lot more searches in a couple of years from now.
    14 Jun 2012, 03:01 PM Reply Like
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    We made 500% back when (BIDU) was running scaling in for a spec
    @ $117 here IOS hookup with (AAPL) quite bullish (FXI) will have to
    runfor BIDU to do much.
    14 Jun 2012, 03:39 PM Reply Like
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