Google also has teamed up with Comcast Corp., the nation's largest cable company, to explore buying a minority stake in Time Warner Inc.'s AOL. Yahoo and Microsoft also are stalking AOL, an alliance that would hurt Google because AOL is its biggest advertising partner.
Schmidt deflected analyst questions about the AOL courtship during Thursday's conference call.
"They are a very, very valued partner and we hope it will be true forever," he said.
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