The Motley Fool

Apple and Baidu, sitting in a tree

A few months back, there was talk that Apple (Nasdaq: AAPL) and Baidu (Nasdaq: BIDU) were about to team up on Google (Nasdaq: GOOG), making Baidu the default search engine within iOS for iDevices in China.

Those rumours have resurfaced, and this time from a recent Bloomberg report that pegs an imminent announcement. That would be a nice boon for Baidu, although it already serves up nearly four out of five Internet searches in the Middle Kingdom. It would certainly help Baidu grow its mobile ad business in particular.

It makes plenty of sense, as Apple has already expressed interest in integrating various local Web services within the country into its operating systems, such as the inclusion of video sharing site Youku (Nasdaq: YOKU) and SINA‘s (Nasdaq: SINA) Weibo microblogging service in the next major iteration of Apple’s desktop operating system, OS X Mountain Lion.

If the rumblings prove accurate, it would be just another minor way that Apple continues to snub Google.

Making Baidu the primary search engine instead of Google would similarly be a blow to Google as it tries to grow market share in China. Big G’s share sits at 16.6%, far short of Baidu’s overwhelming 78.5% slice. In fairness, Baidu is still by far the dominant search engine so its place as the default still seems more appropriate.

They don’t call Baidu the “Google of China” for nothing.

If you’re in the market for some high yielding ASX shares, look no further than our “Secure Your Future with 3 Rock-Solid Dividend Stocks” report. In this free report, we’ve put together our best ideas for investors who are looking for solid companies with high dividends and good growth potential. Click here now to find out the names of our three favourite income ideas. But hurry – the report is free for only a limited time.

 More reading

The Motley Fools purpose is to help the world invest, better. Take Stock is The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it’s still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

A version of this article, written by Evan Niu, originally appeared on fool.com

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!