Allen & Co conference day three. Eric Schmidt and his lackies stand tall at the Sun Valley resort. Announcing that their Chrome PC OS would be released later this year, they also had something to say about competitors Apple and Facebook.

While Google wouldn’t comment on Google Me or its existence, they were very firm on one particular issue: Apple and Facebook don’t present threats to their business. Which is fair in Apple’s case. Google is a search and advertising company building their empire around web applications. Apple is a hardware and software company utilizing Google services. Apple may have ‘cloud’ service eventually, but it shouldn’t be designed to compete with Google. Though people practically live in Facebook, and I can see Google wanting some of those 500 million users. And Android will just coexist as that other smartphone. It has its own following.

Retuers writes,

Most people “assume that these are zero-sum games, which are battles to the death,” said Schmidt, who spoke with reporters in a one-hour briefing on Thursday at Sun Valley alongside Google co-founders Larry Page and Sergey Brin.

“The indications that we have show that when Internet users become Facebook users they actually do significantly more searches on Google,” Brin noted.

The co-founds and Schmidt have spoken.

[via Reuters]