Munster: 2% of Google's profits come from the Apple iPhone and Apple iPad

With WWDC coming next week, there is a chance that we will hear Apple announce that its own mapping application will replace Google Maps on iOS. According to Piper Jaffray analyst Gene Munster this action will not have any affect on Google's take from iOS. In fact, Munster calculates that 2% of Google's profits come from the Apple iPhone and Apple iPad thanks to Google Search.

Even though Google Maps won't be the mapping application for iOS out of the box, Google said at a press briefing on Wdnesday that it will still offer an iOS version of Google Maps as an app. Those used to it will still be able to download it from the Apps Store. Apple users are pretty much creatures of habit, so you can probably expect many of them to opt for the Google Maps app. Munster expects such an app from Google to overtake its other free iOS apps like Search, Gmail, Google+ and Translate.source: Fortune via TUAW