forms of advertising, including the online ads that Google depends on,
but said that he doesn't expect Google to experience a decline in
revenue.
On Wednesday, when asked if the company's diversity would shield it
from the economic slowdown. Schmidt said, "We don't predict things
like that." in a 'CNBC' television interview. But, he added, "from my
perspective it's hard to imagine why you'd see a decline." Schmidt
also said Google continues to look at acquisition opportunities, but
said he wasn't sure that prices were at their lows yet, or that the
economic slowdown has reached its bottom.
Schmidt was speaking from the Wall Street Journal Eco:nomics
conference in Santa Barbara, California, where he was scheduled to
make a presentation on Wednesday evening.
The appearance comes a day after Schmidt raised eyebrows at an
investor conference by referring to privately held messaging service
Twitter as a "poor man's email system."
Asked about speculation that the comments were part of a negotiating
tactic by Google in hopes of acquiring Twitter, Schmidt said he didn't
want to speculate on buying or selling companies.
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