Bloomberg News recently conducted a wide-ranging interview with Google Chairman Eric Schmidt and the headline comments that are lighting up the technology world point to Schmidt's belief that Google is "winning" the mobile platform "war" against Apple. If Schmidt defines winning by market share, he is correct. But if one defines it according to profits and market capitalization, Apple is clearly winning that war.
Here's my own view. Let's start with how the Bloomberg article leads into Schmidt's statements:
Google Inc. (GOOG)’s Android is extending its lead over Apple Inc. (AAPL) in the mobile-software market at a rate that compares with Microsoft Corp. (MSFT)’s expansion in desktop software in the 1990s, Google Chairman Eric Schmidt said.
“This is a huge platform change; this is...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.