I think Google is actually totally right... people want a compact laptop, not a tablet.... I think Apple is just a hype and fad machine. Google has the right idea for what people need.
Well, the Apple machines certainly have their own huge benefits that Google's baby doesn't. The ChromeOS doesn't exactly seem to be built for heavy-resource applications, i.e. production and editing suites, which Apple is widely used for. That's not to say that the direction Google's taking with a small, cloud-based node doesn't have its own great advantages.