Microsoft’s Steve Ballmer is under fire again. David Einhorn, the head of Greenlight Capital and a long-time Microsoft shareholder, has struck out at the CEO slamming his leadership and suggesting that it is the main reason the software giant’s share price has remained stagnant.
See if you can guess what the major issues Einhorn says Ballmer has called wrong and click through to see if you’re right…
Speaking at the Ira Sohn investory conference in New York, Einhorn slammed Ballmer for failing to combat the iPad and wasting money on ill-conceived mergers and acquisitions (Nokia and Skype, he’s looking at you).
Einhorn raised previous comments by Ballmer suggesting that he didn’t see the iPhone and iPad as a threat and banned his children from using Google or iPods. After recalling the ill-advised quips, Einhorn concluded that Ballmer is “out of touch and stuck in the past”. He also slammed Bing as “a sinkhole” draining cash and resources.
Is Einhorn right or does Ballmer deserve more credit, despite his long history of crazy stage pronouncements and unusual dancing?
Out now | £NA | Microsoft (via WSJ)
