Steve Ballmer Reflects On Missed Opportunities As Microsoft Corporation (MSFT) CEO

Microsoft Corporation (NASDAQ:MSFT)’s Former CEO, Steve Ballmer had a successful stint as CEO of the company. During his 14 years stint as head of the organization, he has done many things to make it the most profitable company. Even though his stint was successful, he feels that he could have done something more during his leadership for Microsoft Corporation (NASDAQ:MSFT). Bloomberg’s Betty Liu reported on Bloomberg TV about Steve Ballmer’s interview with Charlie Rose.

Microsoft Corporation (MSFT) Giving Apple Inc. (AAPL) a Run for its ‘Patent Money’

After his 14 year long stint at the summit of Microsoft Corporation (NASDAQ:MSFT), he finally decided on August 2013, that he would resign from his position as CEO of the company within a year. In February 2014, he officially resigned from his position and the current CEO Satya Nadella took over the responsibility. Ballmer is currently the owner of NBA’s Los Angeles Clippers team. Ballmer talked to Bloomberg’s Charlie Rose about what he would have done differently during his tenure at Microsoft Corporation (NASDAQ:MSFT).

“Are there things I would do differently? Of Course. Probably would have started us doing hardware earlier. So that we could have been more effective in the phone business. I mean this is kind of like an IQ test. Should Microsoft have a position in the phone business? The two most profitable companies, we were the number one, most profitable company in our business for a long time. Two guys have passed us, they both did it by making phones, Apple and Samsung,” Ballmer said.

 Ballmer regretted the fact that he missed the opportunity in the phone business. He mentioned that Microsoft Corporation (NASDAQ:MSFT) entered the race in phone business very late. He added that Apple Inc. (NASDAQ:AAPL) and Samsung Electronics have surpassed Microsoft as most profitable company just by selling phones.

Disclosure: None

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.