Monday, August 26, 2013
Ballmer Bows Out
http://www.economist.com/blogs/schumpeter/2013/08/microsoft-0. Due 6 Sep 2013. Who is Steve Ballmer? How will his resignation as CEO impact Microsoft? What is the market cap for Microsoft and how does that compare with other corporations?
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Steve Ballmer is Microsoft's chief executive although Bill Gates still remains influential as a chairperson. Ballmer plans to resign within 12 months. Mr. Ballmer's resignation is believed to lead to a jump in share price by "activist investors". Microsoft's market cap is considerably substantial with more than $250 billion and a cash pile of $77 billion. Although it is said that the recent production of Windows smartphones have surpassed Blackberry phones in popularity, it is a small step towards competition with big businesses like Apple.
ReplyDeleteSteve Ballmer is Microsoft's chief executive who has succeeded Bill Gates. Within the next twelve months, Ballmer plans to retire after his long career. With Ballmer's resignation, Microsoft will have a new CEO. A new CEO will bring in new ideas and economic opportunities to Microsoft in order for the company to lift itself up again after being pummeled by smartphones and tablets that are in higher demand. Microsoft has a market cap of more than $260 billion and sits on a cash pile and sits on a cash pile of $77 billion. This compares with other corporations by being at a substantial amount. According to Sharon Machlis on computerworld.com, 2012 was the first year ever that Apple surpassed Microsoft in net worth as Microsoft lagged behind.
ReplyDelete- Anita Pizzirani (Pizza) Period:1
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ReplyDeleteSteve Ballmer is the CEO of Microsoft since 2000. Just this past month, he announced that he will be retiring soon and step down from his position as CEO. With the position of CEO open, Microsoft will be able to get a fresh face that will hopefully lead Microsoft into the right direction towards the rapidly advancing future. According to Google, Microsoft's market cap is currently at $278 billion dollars. Although this amount is a lot, Microsoft faces competitions from fellow corporation giants such as Apple ($442 Billion) and Google ($282 Billion)
ReplyDelete-Kevin Thwe
Steve Ballmer has officially announced his retirement from CEO at the Microsoft Corporation after thirteen years of being with the Microsoft corporation since the 2000. He is planning to retire within the next 12 month as the software company appoints a committee to find a replacement. Steve Ballmer has had a huge impact on the software company by having a very important role in the development of Skype. As CEO, Microsoft’s revenue has jumped from $25 billion all the way to $77 billion. Microsoft today has a market cap of $250 billion. There are facing tough competitors when fight for dominance in the software as well as the tablet and mobile phone markets. Apple who has a market cap of 487.22 billion and are of Microsoft’s biggest competitors as they challenge them in every market they are involved in (tablet, software, computer, etc..)
ReplyDelete-Nicholas DiGirolomo (Period #1)
Balmer took Gates’ place as CEO of Microsoft 13 years ago when Gates’ retired from the position. His resignation will increase the value of Microsoft stock, or it was reported to have caused a jump in share price. Microsoft’s market cap exceeds $250 billion, which puts it in 8th place, behind rising technology competitors like Apple and Google. It still has an edge on IBM, but it seems as though Microsoft is on a downward spiral, as it had the seventh highest market cap in March of 2008, and slipped down one place since then, according to a report published in March of 2013.
ReplyDeleteMicrosoft's CEO Steve Ballmer is now resigning after 13 years of leading the company. His resignation will take affect soon, within 12 months. A benefit of his resignation is that the stock value for Microsoft will rise in value increasing Microsoft's revenue from 25 billion to 77 billion. Microsoft's market cap still sits in 8th place at 260 billion. Apple which is Microsoft's biggest competitor is in the lead with a market cap of 487 billion.
ReplyDeleteA successor to Microsoft, Steve Baller has been the CEO of it for the last nine years. Planning to retire within the next 9 months, Ballmer, however, has received plenty of critics over all these years. The report shows that he did not do a great job lately in terms of boosting the share price. Because of that, i think his leaving would help Microsoft to move a step closer to success.It currently has a market capitalisation of more than $260 billion and owns a cash pile of $77 billion. As of now, Microsoft is not doing any better than any other corporations.
ReplyDeleteSteve Ballmer is the current CEO of Microsoft, however, his plans to retire are sending Microsoft off to look for a new CEO. His resignation is thought to lead to an increase in share price by what are known as "activist investors." Microsoft's market cap is at about $278 billion dollars, and though that seems like a lot, it is very little in comparison to Apple's market cap, at about $449 billion.
ReplyDeleteSteve Ballmer is the current CEO of Microsoft who announced his plans to retire in the next year or so. Some think this is a change for the better as Microsoft share prices increased after the announcement. Microsoft's future doesn't look bad though since their market cap sits at around 250 billion dollars. However, some of their competitors sit at a much higher market cap. Apple's market cap is currently at about 450 billion dollars.
ReplyDelete-Andrew Duque
After 13 years as Microsoft's chief executive, Steve Ballmer has finally announced his retirement from the renowned software company. With his plan to resign within 12 months, a committee--which includes Bill Gates--has been appointed to select a successor. Critics believe that the recent decline in Microsoft's share price resulted from Ballmer's earlier announcement of his plans. This drop was also an eyeopener to how overdue their systems have been, especially compared to the constant rejuvenation of the Apple products.
ReplyDeleteSteve Ballmer currently serves as the CEO of Microsoft, and has held the position since 2000 after he succeeded Bill Gates. He announced in August that he would step down with the next 12 months. Ballmer's resignation announcement appears to be a positive change for the company to revamp and renovate. This well needed changed is evident by the company's declining share price and therefore after he resigns, Microsoft will shift from the Wintrel era to the newer market, regaining its dominance. Microsoft's market cap of over $260 billion still makes it a dominant corporation however, they still find themselves trailing behind other corporations such as Apple.
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ReplyDeleteSteve Ballmer is the current CEO of the Microsoft Corporation, succeeding Bill Gates in 2000. This past month Ballmer has announced his plans to retire within the next 12 months. A committee that includes Gates has been made to appoint a third successor to Microsoft. A fresh face and new approach could help Microsoft once again surpass Apple who took the lead in technology corporations this year. His resignation will most likely lead to an increase in Microsoft share worth as a jump was recorded after he announced his retirement plans. Microsoft has a market cap that exceeds 260 billion dollars. This is significantly lower then Apples almost 500 billion dollar market cap and Google's 293 billion dollar cap.
ReplyDelete-Griffin Polk
When Bill Gates stepped down as CEO of Microsoft in 2000, his chosen successor, Steve Ballmer moved forward to take charge of the company in what is known as a constantly advancing field of technology.
ReplyDeleteWith Ballmer at its helm, Microsoft has lagged behind competitors like Android and Apple. PC sales continued to be stagnant and Microsoft shareholders lost confidence in Ballmer’s ability to transform Microsoft from a PC entity to a device and services company. With increasingly strong sales trends in Tablet and Smart phone sales, Ballmer recently lost billions of dollars in acquisitions and the Surface tablet. Shares of Microsoft have fallen 36% with Ballmer as CEO.
However, after Ballmer publically announced his resignation, Microsoft’s stock price rebounded with a 7% gain, only proving that shareholders are anticipating a forward moving direction for Microsoft under new directive.
Microsoft currently has a market cap of 260.19 billion at $31.24 per share, which is lower than many of its competitors, for example, Google’s market cap of 293.09 billion at $ 879.50 per share and Apple’s market cap of 449.92 billion at $495.27 per share.
Leah Seiler
Period 1
1.) Steve Ballmer is the current CEO of Microsoft and has been since 2000 succeeding Bill Gates.
ReplyDelete2.) His resignation within the next year will impact Microsoft hopfully in a positive way in that they will have a new leader who will possibly get them back on top since the takeover from tablets and smartphones. His retirment is also thought to increase Microsoft's share price.
3.) The market cap for Microsoft is $260 billion and this compares with other corporations in that at first look, it looks like it is leading, but in reality it is falling behind other corporations such as Apple whose market cap is $449.92 billion.
Steve Ballmer has been the CEO of Microsoft since January of 2000. He succeeded Bill Gates as chief executive after his retirement. Steve Ballmer also plans to retire within the next 12 months. This announcement came after Microsoft lost billions in acquisitions. After the announcement though, the stock price of Microsoft rebounded, so his retirement may lead to rising prices of Microsoft stock. There may be a different direction taken in the company for new innovations under the new CEO. The market cap for Microsoft is 260 billion, which puts it at 8th place. This is still behind big companies such as Apple which has a market cap of over 460 billion.
ReplyDelete1) Steve Ballmer an American businessman who currently serves as the CEO of Microsoft.
ReplyDelete2)His resignation will leave a lot of work undone. Hopefully the group of chair members can help find someone to replace him and move the company forward.
3)The market capital on Microsoft is $260 billion dollars, Windows smartphones, almost all of them made by Nokia, are now more popular than BlackBerrys, that is a small triumph.
Barbara Val
period 1
Steve Ballmer is an American man that is currently serving as Microsoft's chief executive officer. Mr. Ballmer's resignition will have a positive impact on Microsoft because there are younger up and coming chief executive officers that have better incentives, ideas, and the strategies it takes to run Microsoft more effectively than Ballmer. There is definitely a possibility that the new CEO will galvanize the Microsoft's status better than Ballmer ever had. Microsoft's market cap is currently over $261 billion. It's market cap compares to others like Wells Fargo ($225.87 Billion) and Apple ($449.35 Billion) with Apple having the highest market cap of the three.
ReplyDelete~Kim Rose
Period I
Steve Ballmer is an American man that is currently serving as Microsoft's chief executive officer. Mr. Ballmer's resignition will have a positive impact on Microsoft because there are younger up and coming chief executive officers that have better incentives, ideas, and the strategies it takes to run Microsoft more effectively than Ballmer. There is definitely a possibility that the new CEO will galvanize the Microsoft's status better than Ballmer ever had. Microsoft's market cap is currently over $261 billion. It's market cap compares to others like Wells Fargo ($225.87 Billion) and Apple ($449.35 Billion) with Apple having the highest market cap of the three.
ReplyDelete~Kim Rose
Period I
Steve Ballmer is an American business manwho is currently serving as chief executive officer
ReplyDeletewith Ballmer resignition, microsoft will have a huge impact, but with a new face hopefully microsoft will increase, microsoft stock price rebounded with a 7% gain proving once again that microsoft is increasing
microsoft market cap is at 260 billion which it looks like it's in the lead but in reality many other company surpass this for example apple market cap price is at 449billion
Steve Ballmer became CEO of Microsoft 13 years ago, replacing Bill Gates. Ballmer has decided to step down from this position within the next 12 months. A committee, including former CEO Gates, is currently working to select Ballmer’s successor. It appears that the change will be beneficial to the company, that, while having a market cap of $260 Billion, is still superseded again and again by the innovations brought forward by companies such as Apple, and has gained strength since Ballmer’s announcement this past August.
ReplyDelete