Bonum Certa Men Certa

Microsoft CEO is Dumping MSFT

Summary: Additional signs that Vista Phony 7 [sic] is failing as Ballmer dumps close to a fifth of his holdings in the company he runs

LOOK NO FURTHER than Microsoft for evidence of the company's gradual collapse. Even its top people lost faith. Bill Gates has been getting rid of his Microsoft shares for quite some time (only gradually), but Steve Ballmer too is starting to get rid of Microsoft shares, starting with a huge disposal of $1.34 billion in Microsoft stock.



Steve BallmerChips B Malroy says that "If this isn't an impending sign that the stock is going tank soon, then its a sign of Ballmer being soon forced out, or both." There is a lot more in the IRC logs. "Notice that the sales," he adds, "were not made (at least the news of the sale) public until late Friday... Because a sale like this by the CEO would have caused the stock price to tank.

"It looks like Ballmer is trying to cash in, and just doesn't have enough stock, even with his one position on the board itself, to prevent his eventual ouster. Just more rats deserting the sinking ship, but this time it might be the CEO himself."

According to Microsoft boosters, Ballmer will sell almost a fifth of his stake. The sources add: "Ballmer last made a sale of Microsoft stock in 2003. Bill Gates remains the largest individual shareholder in the company. The Microsoft chairman routinely sells 80 million shares a year in a portfolio diversification strategy. As of the company's last proxy statement, Gates owned 621 million shares, or more than 7 percent of the company."

“But if you sell it too fast, it will surely tank.”
      --Chips B Malroy
"Ok, so neither Ballmer or Gates wants to be left holding the bag of Microsoft stock when it tanks," Chips B Malroy speculates. "But if you sell it too fast, it will surely tank.

"Could it be that WP7 is already a bust, with Kinect not far behind? Is this the real reason that the CEO is dumping stock?"

Both products had about half a billion dollars dedicated just to marketing. That is some huge waste. Ballmer recently joked rather than properly answered the question when asked if WP7 (Vista Phony 7 [sic]) failing would cost him his job.

Chips B Malroy quotes from a very recent article (or several): "But given how many mistakes Microsoft made in the design of the Windows Phone 7 OS, it probably makes sense to focus on not using the device. No one, as near as I can tell, will want to spend much time with it. Maybe the slogan should be "The smartphone for people who hate smartphones." [...] It doesn't support copy-and-paste. It doesn't offer an easy way to switch between open applications. And it doesn't have a universal search that allows you to find applications, content, messages or other data stored on your device. [...] What's more, its Web browser supports neither Adobe's Flash software nor HTML5, which Apple has promoted as an alternative to Flash."

Notice that Microsoft shares no numbers about WP7 (Vista Phony 7 [sic]) sales. It means that the number of actual sales (not channel stuffing and granting of phones to all Microsoft employees, with an apparent similar deal at Dell) must be embarrassing.

Oiaohm responds by saying: "Android is only first wave of Linux. Meego is lining up to be second wave. So we are going to have Meego vs Android. [...] Really, Meego is about unifying distributions. Fedora [and] Suse already have Meego forms."

“Android is only first wave of Linux. Meego is lining up to be second wave.”
      --Oiaohm
"It's important to show that Microsoft is failing to compete with Linux in the form of Android and with Apple on ARM devices. This will be when the snowball start to speed up on the decline of MS," Chips B Malroy claims. "We should not want the US gov to bail out MS when the time comes, as in "too big to fail." MS will try to pull that one. [...] using taxpayers money to bail out MS when and if it fails, is not funny."

"Really, here is the funny part," says Oiaohm in response. "By the time US gov tries to bail out MS it might be impossible. Only way to bail MS out would be to raid it and release all its source code. Basically terminate its existence."

Chips B Malroy continues: "Well, the brainwashed here will be crying for the gov to bail them out, so they won't have to try another OS. Inertia is all that is keeping MS going, that and the hold they have on OEM's preinstalls. The preinstalls are now in effect being broken by Apple and Google. This trend is likely to rapidly accelerate. At some point, enough users will have used Android/ChromeOS and iOS on ARM devices to try them on Intel computers. When that happens, MS is dead."

"But OEM preinstalls are not going to be enough," replies Oiaohm. "Linux has preinstalls now on phones and other devices. The market is poisoned. Problem is in a way that there is no way to stop it [editor's note: actually, Microsoft reportedly extorts with patents in attempt to prevent this now]. It's exactly like when Linux took the super computer market. Just on a large scale."

The full conversation will be published later.

For those who think that this is far fetched, remember that Microsoft's debt is growing and the future seems far from promising, even based on analysts (who are usually easy for companies to 'buy'). Just because rich people came out of Microsoft does not mean they'll donate their money to save Microsoft. It just doesn't work that way.

Comments

Recent Techrights' Posts

FSFE (Ja, Das Gulag Deutschland) Has Lost Its Tongue
Articles/month
Ian Jackson & Debian reject mediation
Reprinted with permission from disguised.work
How to get selected for Outreachy internships
Reprinted with permission from disguised.work
Red Hat Corporate Communications is "Red" Now
Also notice they offer just two options: MICROSOFT or... MICROSOFT!
Links 26/04/2024: XBox Sales Have Collapsed, Facebook's Shares Collapse Too
Links for the day
 
Almost 2,700 New Posts Since Upgrading to Static Site 7 Months Ago, Still Getting More Productive Over Time
We've come a long way since last autumn
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, April 26, 2024
IRC logs for Friday, April 26, 2024
Overpaid lawyer & Debian miss WIPO deadline
Reprinted with permission from disguised.work
Brian Gupta & Debian: WIPO claim botched, suspended
Reprinted with permission from disguised.work
Microsoft's XBox is Dying (For Second Year in a Row Over 30% Drop in Hardware Sales)
they boast about fake numbers or very deliberately misleading numbers that represent two companies, not one
[Meme] Granting a Million Monopolies in Europe (to Non-European Companies) at Europe's Expense
Financialization of the EPO
Salary Adjustment Procedure at the EPO Challenged
the EPO must properly compensate staff in order to attract and retain suitably skilled examiners
Links 26/04/2024: Surveillance Abundant, Restoring Net Neutrality Rules (US)
Links for the day
Gemini Links 26/04/2024: uConsole and EXWM and stdu 1.0.0
Links for the day
Albanian women, Brazilian women & Debian Outreachy racism under Chris Lamb
Reprinted with permission from disguised.work
Microsoft-Funded 'News' Site: XBox Hardware Revenue Declined by 31%
Ignore the ludicrous media spin
Mark Shuttleworth, Elio Qoshi & Debian/Ubuntu underage girls
Reprinted with permission from disguised.work
Karen Sandler, Outreachy & Debian Money in Albania
Reprinted with permission from disguised.work
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, April 25, 2024
IRC logs for Thursday, April 25, 2024
Links 26/04/2024: Facebook Collapses, Kangaroo Courts for Patents, BlizzCon Canceled Under Microsoft
Links for the day
Gemini Links 26/04/2024: Music, Philosophy, and Socialising
Links for the day
Microsoft Claims "Goodwill" Is an Asset Valued at $119,163,000,000, Cash Decreased From $34,704,000,000 to $19,634,000,000 and Total Liabilities Grew to $231,123,000,000
Earnings Release FY24 Q3
More Microsoft Cuts: Events Canceled, Real Sales Down Sharply
So they will call (or rebrand) everything "AI" or "Azure" or "cloud" while adding revenues from Blizzard to pretend something is growing
CISA Has a Microsoft Conflict of Interest Problem (CISA Cannot Achieve Its Goals, It Protects the Worst Culprit)
people from Microsoft "speaking for" "Open Source" and for "security"
Links 25/04/2024: South Korean Military to Ban iPhone, Armenian Remembrance Day
Links for the day
Gemini Links 25/04/2024: SFTP, VoIP, Streaming, Full-Content Web Feeds, and Gemini Thoughts
Links for the day
Audiocasts/Shows: FLOSS Weekly and mintCast
the latest pair of episodes
[Meme] Arvind Krishna's Business Machines
He is harming Red Hat in a number of ways (he doesn't understand it) and Fedora users are running out of patience (many volunteers quit years ago)
[Video] Debian's Newfound Love of Censorship Has Become a Threat to the Entire Internet
SPI/Debian might end up with rotten tomatoes in the face
Joerg (Ganneff) Jaspert, Dalbergschule Fulda & Debian Death threats
Reprinted with permission from disguised.work
Amber Heard, Junior Female Developers & Debian Embezzlement
Reprinted with permission from disguised.work
[Video] Time to Acknowledge Debian Has a Real Problem and This Problem Needs to be Solved
it would make sense to try to resolve conflicts and issues, not exacerbate these
Daniel Pocock elected on ANZAC Day and anniversary of Easter Rising (FSFE Fellowship)
Reprinted with permission from Daniel Pocock
[Video] IBM's Poor Results Reinforce the Idea of Mass Layoffs on the Way (Just Like at Microsoft)
it seems likely Red Hat layoffs are in the making
Ulrike Uhlig & Debian, the $200,000 woman who quit
Reprinted with permission from disguised.work
IRC Proceedings: Wednesday, April 24, 2024
IRC logs for Wednesday, April 24, 2024
Over at Tux Machines...
GNU/Linux news for the past day