Don't Bet Against the 'Net

Google's Schmidt...

Eric Schmidt, chief executive of Google, has said he believes that the rise of advertising-supported Web services will increasingly undercut Microsoft's model, which is to use a proprietary software development system and sell shrink-wrapped applications.

"Almost no pure PC software companies are left (all is on the Internet), most proprietary standards (I'm thinking of Exchange e-mail and file systems protocols from Microsoft) are under attack from open protocols gaining share rapidly on the Internet," he wrote recently in an internal company memo titled "Don't Bet Against the Internet."

John Markoff | NYTimes & Int'l Herald Tribune (8 Oct 2006)