Microsoft's CEO Steve Ballmer has announced he will retire as CEO of the company in one year. Ballmer, who's tenure at the helm is best described as rocky, said his biggest regret were the problems with creating Vista. Leo says that Ballmer's inability to see rising trends has been his achilles heal. Microsoft was very late to develop a compelling smartphone, and the Surface RT caused Microsoft to write off almost $200 million. Windows 8's metro and desktop interfaces have also caused a lot of confusion among users.
The result is that under Ballmer's guidance, Microsoft's corporate value has lost nearly 60%. Leo says with all that, it's clearly time for new blood at Microsoft.
Steve Ballmer's Mixed Legacy (WSJ)…