Feeds

Ballmer leaves investors speechless in Seattle

He won't go quietly, huh

SANS - Survey on application security programs

The pressure must be getting to Microsoft's very own bald eagle Steve Ballmer as he issued a stinging public rebuke - for the first time - to dissenting investors calling for his head, and used the soon-to-be released fiscal 2011 results to back up his reputation.

According to reports in the Seattle Times, Microsoft's CEO shouted at a captive audience attending a civic bash in the city's Rotary Club yesterday.

"You tell me if I lack energy, conviction or we're not driving change we need to drive," he bellowed.

Calls for Ballmer to quit the firm have been growing in recent weeks - including from high profile hedge fund bigwig David Einhorn, president of Greenlight Capital - given the firm's share price stagnation, and IBM and Apple's overtaking it in terms of market capitalisation.

The nine-strong board continues to support him.

To justify his top seat, Ballmer then gave a sneak preview of Microsoft results for the year ended 30 June, not due to be published for some weeks yet.

"There's a reason why we'll do almost $70bn in revenue this year and we'll make over $20, whatever, $26, $27bn in profits," he added.

Redmond then clarified post-event to the ST that the big cheese was actually referring to operating profits of $26bn to $27bn, slightly lower than analyst estimates of $27.2bn and sales of $69.8bn.

Microsoft refused to comment. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.