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Steve Ballmer wanted to oust Steven Sinofsky and received Bill Gates' blessing to do it, Kara...

Steve Ballmer wanted to oust Steven Sinofsky and received Bill Gates' blessing to do it, Kara Swisher reports. Preparations for Sinofsky's removal were reportedly ongoing for several weeks, but Microsoft (MSFT -3.4%) chose to wait until the Windows 8 launch was finished. Whether or not the oft-criticized Ballmer wanted to remove a potential rival, there seems to be strong company support for his ostensible goal of improving collaboration between units. Sources: "There was [Sinofsky's] way or no other way." "He picked a lot of fights." (previous: I, II, III)
Comments (20)
  • gains_up
    , contributor
    Comments (22) | Send Message
     
    Reading everything out there so far on Sinofsky ouster, and after initial shock, this news finally emerges as a relief and should help Microsoft better integrate all its products. Many analysts are liking the bold move it seems. Even Bill Gates supported Steve Ballmer decision.
    13 Nov 2012, 12:06 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    Bill Gates may have to come out of retirement and fix this Balmer mess.....I love the smell of napalm in the morning.....
    13 Nov 2012, 12:09 PM Reply Like
  • wigit5
    , contributor
    Comments (3910) | Send Message
     
    ah the smell of napalm
    13 Nov 2012, 12:46 PM Reply Like
  • hyperion15
    , contributor
    Comments (65) | Send Message
     
    "There was [Sinofsky's] way or no other way." "He picked a lot of fights."

     

    He sounds like a Steve Jobs kind of person. His departure seems like it will make bureaucracy more comfortable at msft.
    13 Nov 2012, 12:15 PM Reply Like
  • anil92691
    , contributor
    Comments (375) | Send Message
     
    Steve Ballmer has been heavily criticized as a bad CEO although during his tenure revenues, profits and dividends have increased pretty much every year.

     

    Microsoft has also had for some reason a bad reputation for software with bugs, which has been the case with most complex software. A lot of the problems with the operating system are because it is open to integration by other softwares, which also create vulnerabilities, which can only be controlled if Microsoft shuts them out and then you get shouts of foul play and monopoly. Somehow Apple has escaped that by selling through its webstore and making money from each software added to its devices.
    13 Nov 2012, 12:21 PM Reply Like
  • ronhu01
    , contributor
    Comments (8) | Send Message
     
    Ballmer needs to go, and should have been gone a long time ago. billg is blind when it comes to this guy. He's been a loose cannon for years. He's horrible with customers, ridiculous with people, and is a huge drag on Microsoft.
    13 Nov 2012, 12:44 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (3973) | Send Message
     
    I don't think so actually Ballmer was part of the development at Microsoft.
    This was a well calculated move for Microsoft's future.

     

    Lahiem
    13 Nov 2012, 01:20 PM Reply Like
  • chopchop0
    , contributor
    Comments (3107) | Send Message
     
    Sounds about right:

     

    "Sources at Microsoft did not waste a moment to point out the situation was akin to the tension between ousted software exec Scott Forstall at Apple and its new CEO Tim Cook."
    13 Nov 2012, 12:46 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    Bill Gates and Balmer conspired against Paul Allen.....in my mind decency and ethics has not been Balmers strongest attribute......
    13 Nov 2012, 12:55 PM Reply Like
  • MexCom
    , contributor
    Comments (3050) | Send Message
     
    I'm evaluating the situation as if I were a first time buyer of the stock. The fundamentals are good as far as investment ratios and is now paying a better than most dividend for the DJIA stocks. But with no buying pressure and the chart that is dismal in performance, there is no hurry to add to my position at this time. The low stock price makes it too risky to sell.
    13 Nov 2012, 01:10 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (3973) | Send Message
     
    Simply back up the truck Gates and Buffett have been always been pulling the strings and will continue and this was part of their plan.

     

    A ten thousand dollar investment today will be worth over a million in 10 years.
    Enjoy the dividend while you wait.
    13 Nov 2012, 01:16 PM Reply Like
  • skiz
    , contributor
    Comments (364) | Send Message
     
    You want to back up your statement somehow? I'm a MSFT bull, but expectations like that are completely unrealistic... 60% returns per year over the next 10 years? Really?

     

    I'm still a buyer... I'm perfectly happy with 10-15% average returns over 10 years.
    13 Nov 2012, 01:29 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (3973) | Send Message
     
    Let's not forget the dividend reduction is in the stock price today also.

     

    So in reality it is just a shock to amateur day traders and not really a major sell off.......hense - I'm buying big time.
    13 Nov 2012, 01:20 PM Reply Like
  • wigit5
    , contributor
    Comments (3910) | Send Message
     
    Dividend reduction?
    13 Nov 2012, 01:57 PM Reply Like
  • Bryce Istvan
    , contributor
    Comments (70) | Send Message
     
    The company went ex-dividend today, so people who bought the stock today aren't going to get the 23cent dividend payable in December. Stocks are expected to drop the amount of the dividend after going ex-div all else being equal (which obviously they weren't in this case).
    13 Nov 2012, 07:01 PM Reply Like
  • Tom Young
    , contributor
    Comments (197) | Send Message
     
    MSFT still dropped by more than the dividend + the drop in the NASDAQ. I make it an additional 1.7% drop on the news. And did you see that opening volume?!

     

    1.7% is not big enough of a drop for me to buy "big time." I might sell some puts, though, to collect some volatility.
    13 Nov 2012, 09:39 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (3973) | Send Message
     
    Don't forget the dividend deduction is in today's so called sell off.
    13 Nov 2012, 01:21 PM Reply Like
  • galaxy travels inc.
    , contributor
    Comments (302) | Send Message
     
    if it ends with just Sinofsky thats one thing if more hemoraging and other keys follow....look out....probably pretty quiet around the watercooler right now.....
    13 Nov 2012, 01:28 PM Reply Like
  • Island_Dweller
    , contributor
    Comments (356) | Send Message
     
    As long as this decision was not unilateral, and it appears as though it wasn't, I believe the fundamentals are still intact.

     

    Still, I find it funny how Softie follows Apple out the gate with tablets and phones, and then on execs leaving as well.
    13 Nov 2012, 01:52 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (3973) | Send Message
     
    The gap is getting filled over $28.00.
    14 Nov 2012, 08:34 AM Reply Like
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