Steve Ballmer
Steve Ballmer
Steven Anthony "Steve" Ballmer is an American businessman who was the chief executive officer of Microsoft from January 2000 to February 2014, and is the owner of the Los Angeles Clippers. As of May 11, 2015, his personal wealth is estimated at US$22.7 billion, ranking number 21 on the Forbes 400. It was announced on August 23, 2013, that he would step down as Microsoft's CEO within 12 months. On February 4, 2014, Ballmer retired as CEO and was succeeded by...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth24 March 1956
CityDetroit, MI
CountryUnited States of America
Any idea that turns out to be truly great can be harvested for tens of years. On the other hand, if you want to continue to be great, you've got to bet on new things, big, bold bets.
Look at the product pipeline, look at the fantastic financial results we've had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you're really listening and reacting to the best ideas of the people we have.
What we've gone through in the last several years has caused some people to question 'Can we trust Microsoft?' .
We've grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
You can have an Apple in the phone business, or a RIM, and they can do very well, but when 1.3 billion phones a year are all smart, the software that's gonna be most popular in those phones is gonna be software that's sold by somebody who doesn't make their own phones.
I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue growth in fiscal year '06.
When you take a look at the transition from server software to Azure, what's going on in terms of cloud infrastructure, the company is absolutely the No. 1 company serving enterprise backbone needs, which is fantastic. It's making the migration to cloud. We started a good thing with Azure, and the company has made well more than two years of progress in terms of being able to compete with the right cost profile, margin structure, and innovation versus Amazon.
Not only because the product wasn't a great product, but remember it took us five or six years to ship it. Then we had to sort of fix it. That was what I might call Windows 7.
I meet with Satya [Nadella] what probably amounts to four or five times a year - either to brainstorm something or just as a shareholder, we'll sit down and chat. That's always quite helpful for me and hopefully him in terms of thinking things through. I still have a number of friends and colleagues who occasionally want to brainstorm or chat about something, and that's always fun.
[At Microsoft] I had many years of experience and history and seeing connections. With my direct reports, the job at Microsoft was to delegate and then be able to properly review, but not to micromanage. To have a way of connecting and integrating without getting in the way.
My wife spent a lot of time on what we do from a civic contribution giving perspective, for a number of years, I've really joined her in that. We're focused on issues in the United States, particularly issues with people who have been trapped in neighborhoods in what I might call intergenerational poverty.
We don't trounce our competition, ... We compete.
We're very confident about our growth outlook -- so confident that we announced today we're accelerating our stock-buyback plans,
I've never thrown a chair in my life.