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Breakingviews: Ballmer's billions

Wednesday, August 20, 2014 - 02:51

Breakingviews editors discuss the Microsoft ex-CEO's boardroom exit and how new boss Satya Nadella can justify the $100 bln rise in the company's value since Ballmer decided to quit.

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Is steeple was departure really work 100 billion dollars to Microsoft that may have bit of a stretch Jeff but. That's -- the most anybody's gone up since. You know -- -- -- that panacea and now he's leaving the vote yes so I know it's been a year since he basically started his. Departure from the company as say a couple hundred billion dollars. Which is 40% that's extraordinary especially given that you look at. The fourteen years that he ran the company as only the second CEO of Microsoft. The stock was down 45%. I'm now up 40% in a year so it's kind of recovers this -- a little edit them in line with the market threatens some of it is it is definitely you know 20%. The SP 500 is up. But more so in -- except -- kept pace of the 40% gain in shares at apple. And that's pretty amazing because there is some clear promise from apple believes hope -- -- that is play video of new products to watch a bigger iPhone people -- and hang on to. And Microsoft with a little bit more nebulous I mean it's really about. Kind of changing the focus of the company Roche Benicio socked him in bella has started to do and give an indication of what we don't have it and he's talked about. Counting what might be viewed as bulletins to vote. Right so I mean and part of that is really dismantling the bomber like -- it -- it starts -- right exactly which was sort of a bomber swan song. Was running out buying this piece of the the mobile phone company. Sought -- -- the dollar has committed said well. It kinda getting to get rid of a lot of people that came along with that suggesting that maybe the focus gonna change is also really. -- -- the company on into quality and services. Which is you know after. Microsoft missed the mobile push right this is kind of an extremely thing right direction and that's you know that's clear how to market react. Miller with a win when -- was looking for a replacement we we kind of the to the bullet you -- gates and then was chairman is that will determine -- you ample most honorable of you stayed on the board updates that Dennis via CNN he's leaving people would say. Those old C is kind of gates is still -- very much in the background Ballmer is the biggest settlement he's films they write the point is the CA does have free rein them. Right I mean that's that's really he doesn't have bomber sort of looking over shoulders sitting on the board mean but it is always going to be there -- I'm in some capacity Ballmer also said he -- you know -- -- -- company's 34 years he's not gonna. -- -- here it is 4% shareholder he's gonna contribute ideas and -- but really. At this stage six months into the job. The Della it sort of his now to run with his relative preservatives -- -- -- -- goes down to preserve and grow hopefully. All right for athletes hello leaving them double breaking views it more.

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Breakingviews: Ballmer's billions

Wednesday, August 20, 2014 - 02:51