Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Should Bill Gates Return to Microsoft Corporation (MSFT)?

Microsoft Corporation (NASDAQ:MSFT) is licking its wounds once again, as one of the most reliable companies in the tech sector for most of the last 30 years, suffered a humiliating miss on its earnings report last week, reporting a $900 million write-off on unsold Surface tablets – a monumental misjudgment of demand that the company does not usually conduct. The company is usually known for its accuracy and lack of inventory, but the first foray into hardware did not make much of  dent in the tablet market through the first six months of its existence. (We framed the Surface in some context, like here.)

The miss was so great, in fact, that the stock market punished Microsoft Corporation (NASDAQ:MSFT) by sending its stock down 12 percent in one day, which was the biggest one-day drop for the stock since 2000 – about the time that current CEO Bill GatesSteve Ballmer took over as CEO. Gates has not had an active role with the company since he retired from Microsoft life in June 2008, spending most of the last five years in philanthropic work heading his Bill and Melinda Gates Foundation.

But as seems to be the case whenever Microsoft Corporation (NASDAQ:MSFT) posts some shakiness and moves  more violently than a blue-chip stock should, some rumors get started about whether Ballmer is on the hot seat, and if so, who might replace him. What is interesting is that a reasonably respected news outlet, the Australia version of International Business Times put out the refrain of the old rumor without attribution or sources. The report basically starts up the talk that Gates may be looking to take back the CEO post from Ballmer until Microsoft can get back on track.

While Gates doesn’t need to work at Microsoft Corporation (NASDAQ:MSFT) anymore – his net worth is estimated at about $72 billion, with a “b” – it seems that this talk has been coming up whenever Microsoft posts a miss on its earnings report, and the once-steady-and-reliable stock takes a precipitous fall. While we don’t know whether Gates has been approached about returning to the chief executive’s suite in the last five years, he was quoted before as saing he had no intention of returning to the company.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.