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Google reveals how it will make money on Maps

September 7, 2010: 3:20 PM ET

Whether you use an iPhone, Blackberry or Android you may be earning Google some revenue when you use their Maps applications and APIs.

Cha-ching!

You didn't think Google (GOOG) was offering up all of those maps that you see all over the Web as just a goodwill gesture, did you?  Now developers who use Google's Maps UI including Apple (AAPL), with their Maps.app on iPhone, will be supporting Google's advertising efforts.

Google will be monetizing its Maps applications and Maps APIs by letting businesses embed their logos on the maps that Google provides ... for a  fee. More

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