Today's Hard|Forum Post
Today's Hard|Forum Post

Friday August 30, 2013

Why Steve Ballmer Is Not a Failure

Someone needs to ask Tim Cook if this is true or not. He's taking the blame at Apple just the same as Ballmer did after Gates left. wink

Ballmer did not cause the stock to do poorly. Had Bill Gates stayed on as CEO, the stock still would have crashed. No one could have stopped the stock from falling because the valuation had become completely ridiculous. The dot-com boom had pushed the share price up so high that a correction was inevitable. Shareholders were lucky the stock didn't fall even further.