More Pocket Money for Schmidt as He Joins Apple Board

"The timing of this appointment is certainly interesting in terms of corporate governance," said American Technology Research analyst Shaw Wu. "Being able to attract a guy like Eric Schmidt certainly has to be viewed as a positive

Google today revitalized its attempt to make the company in Apple's image by sending CEO Eric Schmidt over to Apple as a board member.

The good doctor can now pal around with other Apple board members, including Al Gore, Genentech CEO Arthur Levinson and, of course, Steve Jobs. Schmidt already sits on Google's board and on the board of trustees at Princeton University.