“‘This is the latest salvo in the war between two giant companies and certainly ups the stake in these two companies,’ said Darren Chervitz, director of research and co-portfolio manager at Jacob Asset Management,” Thompson reports. “‘It’s just a clear indication that the relationship between these two companies is deteriorating pretty quickly, and personally I think Google has the most to lose,’ Chervitz added.”
Thompson reports, “Google may wind up on the losing end because their entire business is built around search, the analyst notes. Although Google’s search functions still remain on Apple products, it may not be long before Apple scraps that as well, Chervitz said… ‘And that is not only a sizeable business for Google right now, more importantly it is very important in terms of future growth because mobile is the key battle ground for search going forward.’”
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MacDailyNews Take: Google’s going to rue the day they got greedy by deciding to try to work against Apple instead of with them. – MacDailyNews Take, March 09, 2010
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