With all the Windows 8 news lately, the annual meeting with Wall Street analysts went barely noticed. However, investors noticed that Microsoft really hasn’t done much as far as company management and stock prices are concerned. With Ballmer at the helm for the past 11 years, he has seen the stock price drop in half and some shareholders are calling for his resignation. While I haven’t been too impressed with Ballmer myself, I think he is doing a great job considering the market he has been dealt with.
Ballmer, whose tenure as CEO has included the collapse of the tech stock boom shortly after he took over, did not address recent remarks by influential hedge fund manager David Einhorn. Einhorn called for Ballmer’s removal and demanded the sale of the online services unit, including Bing. The unit has lost more than $6 billion in the last three years.
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