Likelihood of iPhone/Bing Search Deal is High?

Collins Stewart analyst Sandeep Aggarwal says the likelihood of Microsoft winning a search deal for the iPhone is high. He made these comments after spending a day with Microsoft executives on Feb. 10.

"Likelihood of Microsoft winning Apple search deal for iPhone is high. Though Microsoft did not confirm or deny any chatters on the likelihood of Microsoft wining Apple search deal for iPhone, Mr. Apter told us that for right economics Microsoft would like to win the Apple search deal. We note that a Bing launching a search App for iPhone sometime ago. In our view, Apple search deal can be strategically very significant win for Microsoft not only because of Google and Apple’s history of working together but also because Microsoft has been lagging behind in terms of making in roads on fast growing mobile Internet market."

[via BusinessWeek]