Saturday, August 24, 2013

Steve Ballmer's Exit Sets Microsoft on New Path - WSJ.com

Steve Ballmer's Exit Sets Microsoft on New Path - WSJ.com:
"Mr. Ballmer, 57 years old, along with his college buddy and Microsoft founder Bill Gates, built the company into a profit machine whose Windows operating system will still power nearly all the 305 million personal computers expected to be sold globally this year, according to research firm Gartner Inc.  But it will run just 15% of all computing devices, if PCs, smartphones, tablet computers and other gadgets connected to the Internet are lumped together, given the rise of rivals such as Apple Inc and Google Inc.
Investors cheered the news of Mr. Ballmer's departure, sending Microsoft shares up 7% to $34.75 on the Nasdaq Stock Market."

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