Google CEO Tells Jim Cramer “I never worry about Microsoft”
Just days after we suggested that Google should perhaps hire financial guru Jim Cramer, who should turn up on Cramer’s Mad Money show? None other than the Google CEO Eric Schmidt!
No talk of a job offer for Cramer, but Schmidt did answer a bunch of questions. The VentureBeat guys have a great summary and transcript from the CNBC segment. Here are a few of my favorite Schmidt statements.
- “We will make more money from mobile advertising,” Schmidt said when asked about the possibility of mobile computing taking off. The thought is that advertising on mobile platforms will be much more highly targeted than it currently is on the desktop.
- On the recent Gmail outage: “That was a screw up. We fixed that. We’re not perfect,” Schmidt said.
- Cramer asked if Google would ever put advertisements on its homepage. Schmidt noted this could bring the company “some number of billions of dollars,” but said it would not happen because people don’t want ads there.
- “I never worry about Microsoft,” Schmidt said in wrapping up his thoughts.
You can watch the interview here.