logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

 


Steve Ballmer is Stepping Down from Microsoft

  +Follow August 23, 2013 11:00AM
Share:
Tickers Mentioned:

Steve Ballmer has been quite a divisive CEO since he took the reins of Microsoft Corp. (MSFT) from founder Bill Gates in 2000. While Ballmer oversaw successes like the XP Windows operating system, under his guidance the company has struggled to keep up in both the tablet/smartphone market and search, two of the fastest growing components of tech.

Microsoft’s tablet the Surface has been a big disappointment, and Bing has been one of the highest profile flops in the entire tech sector. Microsoft’s attempt to compete with Google, Inc. (GOOG) in search has cost the company around $11 billion.

Ballmer joined Microsoft in 1980 as their first business manager. He became good friends with Gates, and made an unlikely ascent to the head of the company in 2000, when Gates stepped down but stayed on as a “chief software architect” before fully turning the reins over to Ballmer in 2006.

Since assuming total control of the financial and technical developments of Microsoft, Ballmer has been implicated in breeding a divisive, toxic company culture that encouraged departments to compete against one another. The company has attempted to rectify this major issue with the introduction of their “One Microsoft” reorganization initiative.

But what apparently pleases investors more than undoing what Microsoft had become under Ballmer is the very idea that Ballmer will soon be gone enitrely. Immediately following Ballmer’s announcement, Microsoft’s stock skyrocketed.

The stock is up 6.85 percent to hit $34.61 a share.

(image of Steve Ballmer courtesy of Wikimedia Commons)

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Signup for our daily newsletter and get our best articles emailed right to you!

Results for MSFT
Stock Dawgzz
4 Aug 15 20:33:57
Our Members Saw Their Stock Picks Gain Over 550% In 5 Weeks! See The Major New Pick For Tomorrow: http://t.co/PkGNRn0h2P $XLF $F $FN $MSFT
binaryoptionsocial
4 Aug 15 20:32:34
$AAPL $MSFT $AMZN $GOOG $FB $GILD $INTC $GOOGL $CSCO $CMCSA USA is the next Greece. https://t.co/XKpDB3u1fm …… http://t.co/Csk7miZSkI
Penny Stockington
4 Aug 15 20:28:43
Our Stock Pick On $GEQU Nearly QUADRUPLED In Value In Less Than 2 Weeks! Special Update: http://t.co/9b1cAxd103 $MSFT $ORCL $VOD
Stock Rocket
4 Aug 15 20:23:36
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! Check Out Our New Plan: http://t.co/BkSWN0kRab $XLF $F $FN $MSFT
Penny Stockington
4 Aug 15 20:21:38
Our Stock Pick On $GEQU Nearly QUADRUPLED In Value In Less Than 2 Weeks! Special Update: http://t.co/9b1cAxd103 $XLF $F $FN $MSFT
SATISH KUMAR
4 Aug 15 20:20:05
$AAPL $MSFT $AMZN $GOOG $FB $GILD $INTC $GOOGL $CSCO $CMCSA USA is the next Greece. https://t.co/WiQtBUGZnF …… http://t.co/6GtxeYO85j
Ashley Senn
4 Aug 15 20:16:49
$AAPL $MSFT $AMZN $GOOG $FB $GILD $INTC $GOOGL $CSCO $CMCSA USA is the next Greece. https://t.co/HlgH5VGfBm …… http://t.co/qqOjKdXxzg
Helen Ong
4 Aug 15 20:07:35
$MSFT https://t.co/cDS1fE0i1e
Stockaholics
4 Aug 15 19:59:37
Platinum Subscribers Saw Our Picks Gain 4,000% In 10 Months! Subscribe Today: http://t.co/VPf7gjQhnU $NTEK $MSFT $MWIP
Stock Dawgzz
4 Aug 15 19:50:33
Our Members Saw Their Stock Picks Gain Over 550% In 5 Weeks! See The Major New Pick For Tomorrow: http://t.co/PkGNRn0h2P $NTEK $MSFT $MWIP
Penny Stockington
4 Aug 15 19:40:11
Our Stock Pick On $GEQU Nearly QUADRUPLED In Value In Less Than 2 Weeks! Special Update: http://t.co/9b1cAxd103 $NTEK $MSFT $MWIP
Stock Rocket
4 Aug 15 19:40:08
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! Check Out Our New Plan: http://t.co/BkSWN0kRab $NTEK $MSFT $MWIP
StockenheimerSchmidt
4 Aug 15 19:39:21
Huge Moves On Our Penny Stock Picks Lately! Big New Pick Tomorrow: http://t.co/bBikX3EmVd $NTEK $MSFT $MWIP
Stock Market Picks
4 Aug 15 19:38:48
$KO $MCD $MMM $MRK $MSFT $NKE $PFE Long and short positions from the Dow Jones, up to 1800% since 2008. http://t.co/sjQjlxfmsp $DJIA $DIA
Nik Caven
4 Aug 15 19:12:12
RT @TweakTown: .@ForzaMotorsport 6 shown off at 1080p 60FPS on the @Xbox One at @Gamescom $MSFT, http://t.co/UoTh77os03 http://t.co/bA4nCDi…
Cameron Wilmot
4 Aug 15 19:10:07
.@ForzaMotorsport 6 shown off at 1080p 60FPS on the @Xbox One at @Gamescom $MSFT, http://t.co/TEgHxX5OR4 http://t.co/76d5spUFgb
TweakTown
4 Aug 15 19:10:06
.@ForzaMotorsport 6 shown off at 1080p 60FPS on the @Xbox One at @Gamescom $MSFT, http://t.co/UoTh77os03 http://t.co/bA4nCDioJG
Ex CA Gov. Moonbeam
4 Aug 15 18:55:12
RT @Clues4Economics: #Windows 10 upgrade bug makes some PCs unusable http://t.co/H5IxNTR4eB Mercury News Silicon Beat / #Microsoft $MSFT
Clues 4 Economics
4 Aug 15 18:52:00
#Windows 10 upgrade bug makes some PCs unusable http://t.co/H5IxNTR4eB Mercury News Silicon Beat / #Microsoft $MSFT
Travis Trapp
4 Aug 15 18:33:47
RT @BloombergDeals: #Microsoft's offshore profit pile surges past $100 billion mark. $MSFT http://t.co/NIFDcYSWQz by @RichardRubinDC http:/…
امير لقمن اومر
4 Aug 15 18:25:21
RT @TweakTown: PR: .@WormsTeam17 Reveal Worms WMD and Worms 4 $AAPL, $MSFT http://t.co/8zgt56ZFZ3 http://t.co/u5cEAzSAbP
Chris Foo
4 Aug 15 18:24:26
RT @MobilePotpurri: Microsoft to invest $100mil in #Uber - $MSFT http://t.co/VUllLxeAHR
Michael Cook
4 Aug 15 18:06:56
Our Penny Stock Picks Gained Over 550% In 5 Weeks! See See How To Get Our New Picks Early: http://t.co/icwLAdPCVK $MSFT $ORCL $VOD
Michael James
4 Aug 15 18:04:53
Our Pick On $VGTL Gained 242.86% For Our Subscribers In 2 Months! Get Our Next Pick Early: http://t.co/tLq3l7nYRG $MSFT $ORCL $VOD
Paul Henry
4 Aug 15 18:04:47
Our Stock Picks Have Gained 3,600% In 10 Months! New Picks Coming: http://t.co/RHgGaQiKxh $MSFT $ORCL $VOD
FinBUZZ Just-IN
4 Aug 15 18:02:12
Save 75% by finding the cheapest broker to trade US Tech Giants http://t.co/F3popAHoym $AAPL $GOOG $MSFT $FB $TWTR #spreadbetting #cfd
Michael Cook
4 Aug 15 17:59:52
Our Penny Stock Picks Gained Over 550% In 5 Weeks! See See How To Get Our New Picks Early: http://t.co/icwLAe7ekk $XLF $F $FN $MSFT
Camilyn_ASY
4 Aug 15 17:58:56
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Katherine-Anne ;
4 Aug 15 17:58:55
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Jake
4 Aug 15 17:58:54
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Help Find Leia
4 Aug 15 17:58:47
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
•─BeeluAdicta─•
4 Aug 15 17:58:40
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Lifeguard Problems
4 Aug 15 17:58:37
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
selma rahman
4 Aug 15 17:58:33
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Abru LMP#17
4 Aug 15 17:58:30
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Scott CJ
4 Aug 15 17:58:28
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Michael James
4 Aug 15 17:58:02
Our Pick On $VGTL Gained 242.86% For Our Subscribers In 2 Months! Get Our Next Pick Early: http://t.co/tLq3l7FAgg $XLF $F $FN $MSFT
Paul Henry
4 Aug 15 17:57:52
Our Stock Picks Have Gained 3,600% In 10 Months! New Picks Coming: http://t.co/RHgGaQiKxh $XLF $F $FN $MSFT
Bull the Bear
4 Aug 15 17:55:05
RT @DayTradersGroup: $NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $…
Day Traders Group
4 Aug 15 17:52:02
$NFLX How high will it go? - here's our 10 target http://t.co/vEk40iv2Vu #stocks #trading #investing $T $S $VZ $MSFT $AMZN $AAPL $CSCO #FLIX
Martin Genev
4 Aug 15 17:47:39
RT @ValaAfshar: Cash holdings ($ billions): Apple $AAPL: $203b Microsoft $MSFT: $108b Google $GOOG: $70b Twitter $TWTR market cap: $19b…
Hugs & Drugs
4 Aug 15 17:44:38
“@TweakTown: PR: .@WormsTeam17 Reveal Worms WMD and Worms 4 $AAPL, $MSFT http://t.co/4cWfMy2ObI http://t.co/ehH80MEHkK” @AchievementHunt :D
Stockaholics
4 Aug 15 17:43:29
Platinum Subscribers Saw Our Picks Gain 4,000% In 10 Months! Subscribe Today: http://t.co/VPf7gjyGwm $MSFT $ORCL $VOD
TweakTown
4 Aug 15 17:43:06
PR: .@WormsTeam17 Reveal Worms WMD and Worms 4 $AAPL, $MSFT http://t.co/8zgt56ZFZ3 http://t.co/u5cEAzSAbP
Cameron Wilmot
4 Aug 15 17:43:06
PR: .@WormsTeam17 Reveal Worms WMD and Worms 4 $AAPL, $MSFT http://t.co/4HLDNil356 http://t.co/2SXH0YEVqv
Stock Dawgzz
4 Aug 15 17:39:11
Our Members Saw Their Stock Picks Gain Over 550% In 5 Weeks! See The Major New Pick For Tomorrow: http://t.co/PkGNRn0h2P $MSFT $ORCL $VOD
Stockaholics
4 Aug 15 17:36:45
Platinum Subscribers Saw Our Picks Gain 4,000% In 10 Months! Subscribe Today: http://t.co/VPf7gjyGwm $XLF $F $FN $MSFT
Matt Holzmann
4 Aug 15 17:32:41
Better Cloud Stock: @Microsoft Corp or International Business Machines Corp.? -- "The Winner: $MSFT" @themotleyfool http://t.co/16VBe6MTaz
Stock Dawgzz
4 Aug 15 17:32:06
Our Members Saw Their Stock Picks Gain Over 550% In 5 Weeks! See The Major New Pick For Tomorrow: http://t.co/PkGNRnhRUn $XLF $F $FN $MSFT
Cameron Wilmot
4 Aug 15 17:32:05
PR: HI-REZ STUDIOS UNVEILS PALADINS, A TEAM-BASED SHOOTER WITH STRONG STRATEGY ELEMENTS $MSFT http://t.co/Fv1XcFVHT4 http://t.co/AA4wEYm5Wg
				
				
  +Follow August 23, 2013 11:00AM
Share:

Comments

 

blog comments powered by Disqus

 Today's Must Reads

Beyond Twitter: 5 Small-Cap Tech Plays Nobody’s Talking About


Will the Fed Continue Its Track Record of Unprecedented Moves?

Facebook versus Google: Who Rules the Internet?

Are These the Worst Business Documentaries on Netflix?


Saving the

Small-Cap Market

 

Small-cap stocks offer investors many benefits, ranging from higher growth potential to overlooked value opportuni... in Equities.com's Hangs on LockerDome

About us

Equities.com is an advanced financial data portal and social network designed to connect self-directed investors with the world’s most innovative startup and small cap companies. Through our in-depth coverage of small cap markets, comprehensive research and stock valuation reports, state of the art issuer products, and world class events, Equities.com provides the social tools and insight that drive tomorrow’s investment relationships and opportunities.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.

Login or Register

LOG IN