“It’s time to cease speculation over why Steve Sinofsky left Microsoft,” Rocco Pendola writes for TheStreet. “It’s even time to lay off jabs at Steve Ballmer and his company’s less than desirable Surface tablet. Unless Sinofsky’s exit was step one in a Bill Gates’ master plan nobody knows about, Ballmer’s not going anywhere, even if shareholders raise hell.”
“With the stock unable to hold $30 when it had the chance on a slight whiff of Windows 8 euphoria, MSFT shareholders have a choice of three positions: Get out, be happy with an increasing dividend yield on a dying stock or put your faith in Ballmer,” Pendola writes. “Loyalty vis-a-vis an investment is a dumb concept. Given the obstacles Microsoft faces, faith will not be rewarded.”
Pendola writes, “Microsoft should be embarrassed by its retail presence. I’m not sure how Steve Ballmer can show his face in public after knocking off Apple’s (AAPL) design and failing miserably in the process. Relatively speaking, Microsoft stores are a waste of space… There’s hardly a peep of innovation or risk-taking at companies holding themselves hostage to the PC space and other sectors’ scraps. That spells to continued dominance, even for a slightly-weakened, Tim Cook-navigated Apple.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]