Business Insider -
10 Feb 2013 16:54

Apple is getting ~$1 billion per year from Google to make Google the search default on iOS devices, according to a Morgan Stanley report. Analyst Scott Devitt at Morgan Stanley put Google on his "best ideas" list for investments on Friday, in a report titled, "The Next Google Is Google." The gist of his bullishness: he believes Google's search business has room for revenue growth and YouTube has an opportunity to generate billions in more sales. As a part of his look at Google, he dug into the m...
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