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Podcast: Down Round
Episode: Google's Apparently Illegal Monopoly
Description: Apple's profit from "Services" is set to surpass profits from iPhones within a couple of years, which is pretty crazy, really. Of the ~$80-90b Apple make a year in "Services", around 25% of that comes from Google handing over north of $20 billion per year to be the default search engine in Safari. For years, Google has been freaked out by the prospect of Apple building their own search engine, as outlined in Raph's piece here. A judge has now ruled this is ILLEGAL. What will come of this? What's the deal with seach?<...