Google wants to keep 100% of its mobile search revenue, and plans to do so by releasing Google Chrome for iOS devices before the end of the year, according to Macquarie analyst Ben Schacter.
Schacter writes: "Apple may already be reviewing Google’s submitted code for a Chrome browser for iOS."
It's unknown whether Apple will approve or reject the Chrome browser, but Schacter claims we can expect it sometime this year.
According to Business Insider, Google must share an estimated 50%-60% of its search revenue with Apple. If Google cuts out Apple's Safari browser they will then get to keep 100% of their revenue.
"Schacter says we can expect a Chrome browser for iOS as soon as Q2, but if not this quarter, then definitely this year."
Google Chrome is the second most preferred browser after Internet Explorer. Unfortunately Google isn't known for creating great iOS apps. Gmail and Google+ for the iPhone were both poorly received. Hopefully they have learned from their mistakes and will release a great browser for iOS devices.
Google also recently redesigned Google+ for the iPhone.