Bill Gates calls losing the smartphone market to Android his "greatest mistake"
It is rare to see a company owning up to their mistakes but in a Techcrunch interview published yesterday ex-Microsoft CEO and founder Bill Gates just did, calling losing the smartphone market to Google's Android his "greatest mistake."
I am stifling myself with ecto-ironic beams of death, to avoid commenting on the initial sentence. Help me, Soylentils!
He also owes up to mismanagement – it was a war which Microsoft could have won – Windows Mobile preceded Android by nearly 10 years, but Microsoft never understood the importance of mobile, never gave it adequate resources, was distracted by desktop priorities and was constantly changing direction.
[...] The point of this article is not to replay the past, but to counter this view expressed by those who take Microsoft's current share price as proof that losing mobile was actually a happy accident:
$MSFT, in 3yrs, has climbed from $35 to an all time high of $137 w/ positive Q3FY19 gains in generally every business, incl. Windows.
...but please tell me more abt how Microsoft's downfall will be a consequence of its retreat from Windows Phone, Microsoft Band, & Groove Music. pic.twitter.com/4IOb6ptEJb— kurtsh (@kurtsh) June 22, 2019
Microsoft's future is in bitcoin. You heard it here first!!
(Score: 2) by Dr Spin on Tuesday June 25 2019, @03:27PM (1 child)
because doing so, and acting on it, building products, would cannibalize their existing super profitable business.
No - its because people at the top recognise their power base is threatened and put themselves before the company.
Its not "stupid" its "greed" (but, as we know MBA's believe "greed is good" so its OK).
Warning: Opening your mouth may invalidate your brain!
(Score: 2) by DannyB on Tuesday June 25 2019, @09:35PM
Greed, not tempered with sufficient planning can be very stupid. (*cough* Boeing 737 Max *cough*)
MBAs or especially executives are not known for long term planning and thinking beyond one quarter.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.