• TechCrunch , Thursday, January 22, 2009 11:15 AM

TechCrunch extracts the best parts of a Jim Cramer interview with Google CEO Eric Schmidt, in which the pair discuss a variety of issues, from Steve Jobs' health to Google's decision to kill its print ads business. Regarding the latter, Schmidt said: "That particular product didn't work particularly well and we're trying other solutions. Print is a hard one because they have declining ad revenue and higher print costs. And so we're trying other solutions. Ultimately most people will get their information online."

On Steve Jobs' health, the Google CEO and Apple board member said: "Speaking as a board member, we recognized that Steve needed a medical leave and we announced on that. And that's my only comment on that. Apple's doing very well, the product's doing very well." Apple on Wednesday delivered solid fourth quarter earnings.

On President Barack Obama and the economy: "I have (spoken with Obama) just a little bit and they're really, really focused on moving very, very quickly. I think everybody understands that a new president has a honeymoon period in that honeymoon period they can get the most ambitious agendas. In his inauguration speech yesterday you could hear the same things themes in his campaign. The notion of dealing with the way that the country is perceived globally as well as economic stimulus there in a hurry and need to be."

Read the whole story at TechCrunch »