Google's revenue inched up during the second quarter, it’s a "very good quarter, especially given the continued macro-economic downturn," called Google CEO Eric Schmidt. He also discussed the importance of Chrome OS saying "you don't change the world incrementally." The new product -- a direct attack on Microsoft's core business -- is a way to rethink the operating system. "Because it’s open source, we wont’ve the kind of restrictions that other people’ve and it’ll be very profitable for people to take it and do almost anything they want to, which’s another one of the great benefits of Chrome OS." "We need faster operating systems, for the same reason we need faster browsers." "People’re now doing everything on the Web and this’ll be an operating system built around the ubiquity and the power of the Internet. In this regard, company is talking to PC hardware manufacturers to design exciting products around Chrome OS that "really fulfill the vision of cloud computing," Schmidt said.