Could it be that Schmidt is considering moving to Apple, replacing Steve Jobs, whose stock option antics brought SEC probes into the computer maker's accounting practice? Or maybe Google, that's flush with cash, is considering an investment in the computer maker?

Microsoft's ZUNE effort is coming soon, and this could mean a long drawn out, and costly skirmish for King Jobs. Bill's boys are going to spend their enormous hoard of cash to buy into the digital media - music, movies and whatever - space. No one can outspend Microsoft, but one can outsmart them. An Apple-Google informal alliance is one way of taking on Microsoft and its coterie.

The CEO of Google (the company trying to move your desktop to the Internet) was just elected to the board of Apple (the company trying to move the Internet to your desktop).

Google CEO Eric Schmidt is now an Apple Computer board member. He joins Fred Anderson of Elevation Partners, Bill Campbell of Intuit, Millard Drexler of J. Crew, Genentech CEO Arthur Levinson, politician Al Gore, and Jerry York of Harwinton Capital.

The group was already interconnected outside of the Apple boardroom. Al Gore is a Google advisor and Google invested in Current TV, Gore's television station. Bill Campbell was an early management advisor to Larry Page and Sergey Brin and helped hire Eric Schmidt. Arthur Levinson is on Google's Board of Directors.

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