Android earned Google $22 billion in profit, says Oracle
That information mirrors a similar rumor from 2012 that also suggested Google was paying Apple upwards of $1 billion.
It looks like Google’s Android revenue and profit aren’t the only juicy tidbits to be revealed by El Goog’s lawsuit with Oracle.
As the dust settled from a January 14 court case between Oracle Corp. and Google, legal transcripts from the session were reported on by Bloomberg before their abrupt removal from the web.
Google Inc. has forked a ten-figure amount over to keep its search engine running on Apple Inc.’s iPhone.
A lawyer for Google did not discuss the figure, according to a transcript of the hearing in a Northern California federal court last week.
Oracle spokeswoman Deborah Hellinger declined to comment.
Google has generated £21.7 billion in revenue from its Android operating system, a lawyer for Oracle has claimed in a USA court.
Reports this week that Google paid Apple $1 billion in 2014 to make its search bar the default choice on iPhones confirms previous speculation about an existing revenue-sharing agreement between the two technology giants.
Also note that while $31 billion is a lot of money for many of us, in terms of a company of Google’s magnitude, $31 billion over the course of 8 years isn’t a lot.
In 2010, Oracle launched its mega-lawsuit against Google over the use of Java in Android.
Annette Hurst, the Oracle attorney who revealed the details of the agreement, said that the revenue split was 34 percent – but it’s unclear whether this is the share kept by Google, or the share paid to Apple. They got it redacted and sealed. The magistrate judge presiding over the hearing didn’t approve Google’s request to block the sensitive information in the transcript from public review.
The fight is back in District Court in San Francisco after being lodged previously in the Supreme Court, where Google lost its attempt to derail the suit.