Apple may lose a lucrative $20 billion annual deal with Google, following a recent antitrust ruling. The court declared that Google’s payments to Apple to remain the default search engine on Safari are illegal under antitrust laws. This agreement has been a significant revenue source for Apple, accounting for about a quarter of its services revenue.

The deal, which involves Google paying Apple to be the default search engine on Safari, has faced scrutiny since 2020 due to concerns over Google’s monopoly in the search market. The ruling highlights the anticompetitive nature of Google’s payments, which could prompt the tech giant to seek alternative arrangements or cease payments altogether.

While the loss of this deal would impact Apple’s bottom line, the company’s services revenue is on the rise, totaling $78.13 billion last year. Apple is likely to recover from this setback through growth in other areas of its services sector. The company’s ability to adapt and secure new revenue streams will be crucial as it navigates the implications of the ruling.

For more details on the antitrust case and its potential impact, visit the original source here.