Gaming News, Game Reviews, Game Trailers, Tech News

dtoid   |   japanator   |   flixist   |   tomopop   |   store


 

 

Microsoft CEO hopeful could be looking to sell Xbox

2013-11-08 16:45:00·  2 minute read   ·  Abel Girmay
0

1. Take the chair 2. Sell Xbox 3. ???? 4. Profit

With longtime Microsoft CEO Steve Balmer stepping down, new leadership could mean big changes. According to Bloomberg, one such change could mean selling off Bing and Xbox, should the former Nokia CEO Stephen Elop take the job.

For those not familiar, Steve Balmer's spot is looking to be replace by four hopefuls: executive vice president of Microsoft's Cloud and Enterprise group Satya Nadella; Former Skype CTO Tony Bates; Ford CEO Alan Mulally; and ex-Nokia CEO Stephen Elop.

According to confidential sources from Bloomberg with "knowledge of [Elop's] thinking." he is looking to kill the trouble Bing service, allow the Microsoft Office suites to be available on more platforms rather than use it to drive Windows sales, and sell the Xbox brand "if he determined they weren't critical to the company’s strategy."

Nokia has declined to comment on the story for Bloomberg, but a Microsoft spokesperson released a statement to GamesIndustry International saying, "We appreciate Bloomberg's foray into fiction and look forward to future episodes."


The article continues below. Login to skip ads, get faster mobile, and dibs on betas
 
 

This isn't the first time, however, that there has been talk about selling the Xbox division. Analysts such as Nomura Holdings Inc's. Rick Sherlund would support such a move, claiming that a sell of such a healthy division would boost fiscal 2015 earnings by 40 percent. None of this means anything, of course, if Stephen Elop gets beaten out for the job. And in my humble opinion, why would that man be allowed anywhere near a CEO's chair again?

Time for a history lesson. Under Elop's leadership, Nokia's smartphone market share dipped from upwards of 35 percent, to a measly three percent. Revenue dipped by 40 percent and profits by 95 percent. By comparison, his rival and Ford CEO Alan Mulally managed to keep Ford from avoiding government bailout money, returning the company to profitability during the 2008 housing bubble and resulting recession.

Microsoft CEO Candidate Said to Mull Windows Shift [Bloomberg]

 

TwitterRedditEmailFacebook
 
Abel GirmayContributor // Profile & Disclosures
Fronts256Blogs 1Following0Followers8

Born and raised in Oakland, CA. Avid fan of FPS, RPGs, and Little Caesars Pizza.  more


 



#Microsoft #Money #news #Windows #Xbox 360 #Xbox One
 
 


READER COMMENTS LOADING BELOW...

Please login (or) make a quick account (free)
to view and post comments.



 Login with Twitter

 Login with Dtoid

Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!

spacer