Ron Schenone

Google – Too Much Cash – No Place To Spend It

Posted by on Mar 7, 2007 | 6 Comments

What do you do when you have too much cash and no place to spend it? This seems to be a problem that Google is facing as it continues to generate huge hoards of cash.

Yesterday the CEO of Google, Eric Schmidt, spoke at the Morgan Stanley Technology Conference in San Francisco and, though somewhat vague, made it clear that Google and Apple were working closely together. Schmidt has been on the board of directors for Apple since August, 2006, and it seems that both Google and Apple share some of the same competitors, i.e. Yahoo!, Microsoft, and others, and also share a common goal.

Apple’s iPhone is also opening more possibilities and it is possible that Google may introduce its own device that will incorporate a telephone, computer, and Internet features into one single device.

As a side note, Google currently has a mountain of cash, which is estimated to be about 11 billion dollars plus change.

So here’s a rumor. How about Google and Apple merging and joining forces? Would this be enough to give Microsoft a run for its money?

What do you think? Comments welcome.

[tags]google, apple, rumor, cash [/tags]

  • Kyle Polansky

    I think this might be a similar problem to what Google is doing. They allow people to test their software and report any bugs in the software. When a normal consumer notices all these bugs, they quickly turn around, and start looking at other products. Google is known for its incredible improvements through different releases of it’s various software platforms, but unfortunately, many consumers never give the product a 2nd or 3rd try once many of the bugs have been all worked out.

  • http://twitter.com/iMarkF1 Mark Dalton

    but at the moment you cant upgrade unless you are a developer anyway so we will all be waiting until the fall either way as it hasnt been released yet, only seeded to the developers and to be honest people who try any of the unoffical work arounds to get the developer seed online is risking ruining their phone entirely as they shouldnt be doing it in the first place

  • http://www.speakapple.net Ben Rubery

    Luckily for me I have a couple of developer friends. The beta works okay.

    But for those bricked, as I attempted the first time round, putting your iDevice in DFU mode and restoring from backup resolves the issue.

  • doug matthews

    good article and i thoroughly agree with every word

  • http://twitter.com/plotikai James Murphy

    On the iPad and iPod this is true, however this is not true on the iPhone. I found that the cellular radio actually remains disabled until the iPhone is activated, which cannot be done without registering your device as a developers device.

  • http://technology-question.blogspot.com Appleinfoexpert

    I agree
    On everything you
    Said. You told them mostly it’s a beta it not ready it only made for testing.