A hint at the Ballmer Legacy
In January 2000, Ballmer became CEO. On August 22, 2000, Microsoft’s stock closed at $35.62. On August 22, 2013, it closed at $32.39. If you look at Gates’ last days in 2000, when the stock was around $55 a share, it’s decline is even worse.
For over a decade Microsoft has largely declined in real value. Its rivals? Apple’s currently at $501.42 and Google’s at a mind-bending $871.29 a share.
Led by legendary CEO Steve Jobs, the company’s market cap value has gone from $4.8 billion back in the year 2000 to $312.6 billion today, an increase of about 6,413 percent in the past 11 years.