allen & co conference Archives

After unveiling Chrome OS this week, Google CEO Eric Schmidt said he will consider recusing himself from Apple’s board. The Chrome OS launch adds another dimension to the areas in which Apple and Google compete with one another.

In speaking to reporters at the Allen & Co. conference in Sun Valley, Idaho, Schmidt said, “I’ll talk to the Apple people. At the moment, there’s no issue.” Schmidt has already been taking leave from any Apple board meeting in which the iPhone was a hot topic. Obviously Google competes directly with the iPhone with their Android operating system.

Under federal law, no person can sit on the two board of two companies if it decreases competition between them. Schmidt’s been trying to avoid these kind of questions by opting out of certain meetings, but you kinda have to wonder what goes on behind closed doors. It’s not any kind of surprise that the FTC is curious, too.

Like Schmidt said, though, for now there’s nothing to worry about. I guess we’ll have to see what happens in the coming months for both Apple and Google.

Shortly after arriving at the Allen & Co. conference in Sun Valley, Idaho, Sony Corp CEO Howard Stringer had some strong words regarding recent price reduction requests from Activision CEO Bob Kotick.

“He likes to make a lot of noise,” Stringer said. “He’s putting pressure on me and I’m putting pressure on him. That’s the nature of business.” Stringer’s remarks come in response to an interview with Bob Kotick in June, in which Kotick mentioned Activision might seriously consider dropping the PS3 as a platform if costs didn’t come down.

Stringer says the decision to maintain the PS3’s current price comes down to simple logic. “I (would) lose money on every PlayStation I make – how’s that for logic.” Well meeeOW, Mr. Stringer. Sounds like Activisions concerns may have touched a vein. Still, Stringer remains confident that the market will rebound.

Can Sony remain financially stable in our global return from recession? A lot of developers seem to think no, as more publishers join the list clamoring for a price cut. Maybe this is just Stringer’s way of staying quiet until he can drop the PS3 Slim bomb on the world, and that’s when the price would come down. Even with a price cut, though, there’s still the increased cost for console developers on the PS3. If Sony can’t reduce development costs, no amount of logic will work Stringer out of the hole he’s in.

Tag: allen & co conference

Eric Schmidt to Reconsider His Role on Apple’s Board

Sony Says PS3 Price Cut Requests are “A Lot of Noise”

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