Apple released a PR Statement today saying that Eric Schmidt had resigned from Apple's Board of Directors. The move was anticipated as more and more of Google and Apple's businesses crossed over into each other's paths. The straw that broke the camel's back was undoubtedly the announcement of the Google Chrome OS which will compete with Windows and Mac for the desktop space.
The move will also ease some regulatory issues. The FTC had previously been investigating Apple and Google for sharing board members. As of this writing, Google and Apple still share a single board me