Microsoft has posted the following press release. Here it is, verbatim:
Microsoft Chief Executive Officer Steve Ballmer confirmed Friday that he is selling some of his holdings of Microsoft stock to gain financial diversification and to assist in tax planning before the end of the calendar year. He plans to sell up to 75 million shares by year-end. Before taking into account recent sales, according to the latest Microsoft proxy report, Ballmer held approximately 408 million shares.
“Even though this is a personal financial matter, I want to be clear about this to avoid any confusion,” Ballmer said. “I am excited about our new products and the potential for our technology to change people’s lives, and I remain fully committed to Microsoft and its success.”
MacDailyNews Take: Blah, blah, blah.
As we wrote last Saturday: “Sadly, over what will certainly be a major hit to the humor quotient, we don’t believe that even Microsoft’s investors are in deep enough comas to allow this buffoon to survive as CEO after Windows Phone ’07 fails to set the world on fire in 2011. To have a realistic shot at catching a whiff of Apple’s fumes, Microsoft needed Windows Phone ’15 in 2011, not Windows Phone ’07. They’re already eight years behind. Ballmer chances of remaining CEO after this plays out are not good.”