Apple Computer Inc. on Tuesday said that Eric Schmidt, chief executive officer of Google Inc., was elected to the iPod maker's board of directors. Schmidt also sits on Google's board of directors and Princeton University's board of trustees.
Shares of Google fell $1.30 to $377.51 in after-hours trading on the INET electronic stock exchange after losing $2 to finish at $378.95 on the Nasdaq. Shares of Apple rose 35 cents to $66.93 on the INET, after losing 50 cents to close at $66.48 on the Nasdaq.