Ballmer is taking a hint

by Volker Weber

235

At the start of June I said how much better you would do if you sold half your Microsoft investment and put that money in Apple stock. Now Steve Ballmer is trying to do that first part, but I am not so sure he is doing the latter. He wants to sell 75 million of his shares until the end of the year, and at their current price of 26.85 that would be about 2 billion dollar (Milliarden to my german readers). Half a year ago he would have gotten anther 158 million. Had he invested 2.158 billion in Apple and took the 29% increase in stock price, he would have made a healthy 785 million profit. Just by shifting his investment from MSFT to AAPL.

I would like a 10 percent commission on that. ;-)

Comments

Wonder if this is a precursor to him getting booted out as CEO.

I hope for Microsofts' sake it is.

---* Bill

Bill Buchan, 2010-11-07

He will still have 333 million shares left and is not going to fire himself.

Volker Weber, 2010-11-07

That's the problem on this planet: There are people so rich that they will never ever be able to move all that money back into the economy. Let him loose 700 millions, maybe it ends up somewhere where people can make better use of it...but frankly, I doubt it.

Frank Quednau, 2010-11-07

Recent comments

Stefan Opitz on You need to act on principle at 21:34
Volker Weber on You need to act on principle at 16:58
Stefan Opitz on You need to act on principle at 16:50
Volker Weber on You need to act on principle at 14:39
Sven Richert on You need to act on principle at 14:28
Roland Dressler on You need to act on principle at 14:28
Volker Weber on You need to act on principle at 13:00
Roland Dressler on You need to act on principle at 12:58
Volker Weber on You need to act on principle at 09:07
Thomas Nowak on You need to act on principle at 08:03
Andre Hausberger on You need to act on principle at 22:26
Markus Schott on Five years :: 1824 days at 19:33
Armin Auth on Five years :: 1824 days at 16:44
Sven Richert on Five years :: 1824 days at 12:43
Vitor Pereira on Five years :: 1824 days at 12:42
Kieren Johnson on Five years :: 1824 days at 10:58
Marc Poppo on Five years :: 1824 days at 09:20
Michael Sampson on Five years :: 1824 days at 06:44
Hermann Behrens on Five years :: 1824 days at 01:21
Sven Richert on From my inbox at 09:40
Volker Weber on EPOS Adapt 660 :: Erste Eindrücke at 07:46
Timo Zimmermann on EPOS Adapt 660 :: Erste Eindrücke at 07:41
Joachim Bode on EPOS Adapt 660 :: Erste Eindrücke at 15:14
Volker Weber on EPOS Adapt 660 :: Erste Eindrücke at 13:42
Volker Weber on EPOS Adapt 660 :: Erste Eindrücke at 13:38

Ceci n'est pas un blog

I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

vowe

Contact
Publications
Stuff that works
Amazon Wish List
Frequently Asked Questions

rss feed  twitter  amazon

Local time is 21:39

visitors.gif

Paypal vowe