While $1 billion may seem like a hefty price tag, it may also be a good deal for Google.
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However, a furious Google says the figures should never have been made public, and has asked the judge to redact and seal the transcript. However, it is still unclear whether the revenue was paid to Apple or sustained by Google. “That percentage just stated, that should be sealed”, said Robert Van Nest in the transcript, according to Bloomberg. Both companies declined to comment to Bloomberg on the matter.
Google’s app platform Android has generated $31 Billion in Revenue, while $22bn in profit, Bloomberg reported, referring to a statement made by the Oracle Corp attorney.
Google’s revenue sharing agreement with Apple indicates that the Internet firm is required to do a lot to make sure people make use of its search tool on mobile devices. Also, it showed how Apple benefits from Google’s advertising-based business model that was criticized by Tim Cook, Apple’s CEO. The information comes courtesy curt documents presented as part of Oracle’s lawsuit over the losses it suffered as Google did not pay for using Java in Android.
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Oracle’s attorney, Annette Hurst, noted in court last week that an unnamed Google witness interviewed during pretrial proceedings said, “at one point in time the revenue share was 34 percent”. The transcript has since been removed from electronic court records related to the Oracle and Google case. Though most decisions have been in Google’s favor over time, the company has now announced that they would soon be dropping the Java APIs and would instead move on to OpenJDK. “Both Apple and Google have always treated this information as extremely confidential”, said Google on its January 20 filing.
