Google CEO Resigns From Apple Board Over "Conflicts Of Interest"

Apple's just gone public with an announcement that Google CEO Eric Schmidt is stepping down from the Apple Board of Directors to avoid conflicts of interest. To be fair, things must have been getting pretty awkward over there.

That's not to say that Schmidt left over a tussle in the App Store, but that little shitstorm could've been a reminder that, as much as Apple and Google have worked together over the years, they are competitors in all kinds of markets, from online services to mobile phones to browsers to, soon, OSes. On this, the brief press release doesn't mince words:

Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS, Eric's effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple's Board

It's hard to tell if this "mutual decision" was kind of thing where Schmidt just saw the big picture and said "Hey y'all, it's been real," or if the rest of the board just told him to pack his bags, but either way, I hear the rumbling of a hell of a war over the horizon.

Dr. Eric Schmidt Resigns from Apple's Board of Directors

CUPERTINO, Calif., Aug. 3 /PRNewswire-FirstCall/ — Apple® today announced that Dr. Eric Schmidt, chief executive officer of Google, is resigning from Apple's Board of Directors, a position he has held since August 2006.

"Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful," said Steve Jobs, Apple's CEO. "Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS, Eric's effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple's Board."

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