Google Inc. Chairman Eric Schmidt and former Senior Vice President Jonathan Rosenberg talked about their book "How Google Works," the mobile industry and Google's competition with Apple during an interview with with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers."
During the interview, Schmidt said that competition between Apple and Google is more brutal than ever before, with "enormous, enormous racing" going on between the two companies, resulting in "enormous benefits for consumers worldwide." Here's his entire quote:
"In fact I would say that this brutal competition between Apple and Google over Android and iOS has enormous benefits for consumers worldwide. If you look at the innovation on the Apple side and on the Google side, that competition which I think is the defining fight of the computer industry, it benefits global at the billions of people level."
The Re/code website has also published a short excerpt from "How Google Works," where Schmidt writes about a meeting with former Apple CEO Steve Jobs in 2010:
Schmidt and Rosenberg's full 15 minute Bloomberg interview is well worth watching, as it contains some other interesting aspects. Follow the link from below to do so: