Google and Apple's exclusive search engine deal could be on the DOJ's chopping block, analysts say

Google and Apple's exclusive search engine deal could be on the DOJ's chopping block, analysts say

Title: Google and Apple's Exclusive Search Engine Deal on the Chopping Block

In a recent development, the Department of Justice (DOJ) could potentially block Google from being the default search engine on Apple's iPhones as part of its antitrust action against the tech giant. Analysts at Jefferies suggest that a very likely outcome is that the Justice Department may opt to ban Google from paying Apple to be the exclusive search engine on the popular smartphone. This could pose a major blow to Apple's revenues, with analysts estimating revenue from this deal to be around $25 billion for the year or about 6.3% of Apple's revenue and a whopping 20% of its pretax profit. The ban could take place over several years and may not entirely prevent Google from having any revenue-sharing agreement with Apple, but it would block the two tech giants from having an exclusive deal that shuts out other search engines.