More than speculation

It turns out Schmidt isn't the only one who's cross-directing between Apple and Google. The New York Times also raises a good point (that I heartily agree with) about Schmidt's addition to Apple's board of directors--he's an outsider who can bring an (relatively) independent and trusted mind to a board whose credibility is hurt by the options backdating exposure. Interestingly, he refused the 300,000 options automatically granted directors of the company. That seems more of a gesture than a conservative action.

SOURCE: New York Times and StreetInsider [via digg and digg]