Linked by Thom Holwerda on Fri 23rd Aug 2013 13:12 UTC

Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.

“There is never a perfect time for this type of transition, but now is the right time,” Ballmer said. “We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here longer term for this new direction.”

This was long overdue. Microsoft needs fresh blood at the top - not a salesman, but a visionary.

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RE[3]: best news ever
by Deviate_X on Fri 23rd Aug 2013 23:37 UTC in reply to "RE[2]: best news ever"
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Their cash flow has long been from Windows and Office which had market locks thanks to the work of Gates. Their cash flow would have increased even if they stuck with XP.

*Microsoft has a server business, a server applications business, a cloud business grows, a develoepr tools business, a productivity software business, a entertainment business! Azure and Office 365 are expanding. Servers are doing well.

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