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Yesterday, Google’s CEO Eric Schmidt, who just happens to be a member of Apple’s board of directors, detailed the fine line on which he is walking. This line has to do with the relationship between the iPhone and the mobile operating system currently being worked on by Google. Although the Google OS, named Android, has required Schmidt to miss a number of Apple board meetings, he says the increasing amount of competition between the two companies has not brought him to consider leaving Apple quite yet. In an address in San Francisco, Schmidt also made a point of pointing out how different the iPhone’s OS and Google’s Android system will be. Although no details of the system were given, he did say they “...will likely be quite different.” 

But with the recently announced 3G iPhone and iPhone 2.0, the extent of Android’s competition for the iPhone is really called in to question.

Via [Market Watch]