Excerpts from infamous mini-msft blog (in 2005 another msft employee venting anonymously): "I mean, what has he done or not done that is impacting the stock?" - along with Gates, made decisions that resulted in the company being found guilty of breaking the law twice(and counting)resulting in fines, restrictions... - along with Gates, invested over $10B of cash in failed telecom investments that ended up being writte…
During Ballmers tenure, the company massively increased it's revenues and profits, and they were exceptional in other areas. 'Missed paid search' and 'missed music player' etc. etc. are all haughty claims - MS was never an internet oriented business, it's like saying 'Oracle missed the search business' - well sure. Just like Google missed social? Or Facebook missed mobile? Or missed photo-sharing? I'm no fan of Ballm…
He missed a ton of opportunities and messed a lot of things like Nokia and Skype acquisitions that barely panned out. He let Apple and Google steal the mobile show when Windows Mobile had been the smart phone king for a long time. Microsoft used to be #1, now they are behind Apple, Amazon and Google.
Granted, he was good at milking the Windows and Office cash cows that had been gifted to him from Gates era, but he spent an insane amount of money on things that never panned out.
MSFT has a lot of money in the bank account so I'm sure they'll be fine even if they put a rock in the CEO seat.