Google CEO to shape Apple’s future
Posted on August 31st, 2006 by MichaelEric Schmidt, CEO of Google, has joined the board of Apple. Now, Steve Jobs will have a hotline into Google’s thinking–useful, since Google, like Apple, is a secretive company.
Signalling the prospect of greater co-operation between the two companies, Steve Jobs, Apple CEO, said Eric Schmidt would play a key part in shaping the company’s future strategy. “Like Apple, Google is very focused on innovation and we think Eric’s insights and experience will be very valuable in helping to guide Apple in the years ahead,” Jobs said. He added that Google CEO Schmidt would help to ensure products from Apple are brought to the market promptly.
Shares in Apple gained 1.7 per cent at $67.59 in morning deals in New York.