Quote:
Originally Posted by
charlituna 
Has Gene Munster, Shaw Wu etc.
No.
Eric isn't so much predicting as doing the classic "we aren't worried so don't sell your stock" yeah we are doing awesome things move. Yeah it makes him seem like a very special boy but it's not an uncommon tactic.
Google's problem is that you can say "we are doing awesome things" almost with impunity. After all, if you're doing anything at all, you can claim that in your view, it's awesome, so you're not lying. In this case, though, Schmidt made a very specific claim:
Quote:
By the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded in it," he said.
When you make a specific claim like that, you're opening yourself up for liability. If by summer of 2012, the majority of TVs in stores do NOT have Google TV, he's just opened themselves up for massive shareholder lawsuits. And if their share price drops between now and then, it could cost them billions.
One of the first things you learn as a CEO is that you NEVER, EVER, EVER make quantitative, factual claims about your future business. Schmidt just violated that major rule.
Quote:
Originally Posted by
Rob55 
I'm with you 110% on this. What concerns me is if Google did, in fact, ink some deals with all the major players in the TV arena, what kind of choice is that going to leave us with..
I'm with you. If every major brand has Google TV except one, I'll buy the one that doesn't have Google TV. And if EVERY suitable TV has GoogleTV, i'll put off buying a TV as long as possible. My current TVs will continue to work for a long time. The LAST thing I want is Google invading my living room.