MUMBAI: Google CEO Eric Schmidt has resigned from Apple’s Board of Directors, a position he has held since August 2006.

"Eric has been an excellent board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful. Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple board member will be significantly diminished, since he will have to excuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple’s Board," said Apple CEO Steve Jobs.