Will Ballmer Be Replaced As Microsoft CEO?
Strudelkugel writes "The Beast reports unhappiness with Steve Ballmer as CEO of Microsoft: Sources say the talk around Microsoft's Redmond, Washington, headquarters — which has grown increasingly loud ever since Apple surpassed Microsoft in market capitalization — is that the company's stock suffers from a 'Ballmer discount,' and that the CEO is on the clock to significantly move the needle on its share price over the next two or three quarters or face a potential move to oust him. 'Ballmer is on the list of mega-executives under pressure,' says a banker who has negotiated deals for Microsoft. 'If he was asked to leave the building, I suspect there would be more happy than unhappy people.'"
Not St. Augustine, Norman Augustine, ex-prez of many a big corporation. His book has dozens of interesting graphs, the most appropriiate one is a X-Y scatter graph of company president pay versus company stock. No visible correlation at all. When you get up to a certain level, you're mainly a figurehead.
Though they seem to be doing OK with Xbox.
In terms of marketshare, Xbox is a success. In terms of finances, Xbox is a failure. It has been profitable for a few quarters but has yet to pay back the $7-8 billion spent over the lifetime of the product. Most companies would have declared bankruptcy or killed a money-losing product. But as CEO, this is a decision he has not made.
Well, there's spam egg sausage and spam, that's not got much spam in it.