Microsoft Corporation (MSFT): Steve Ballmer Writes Final Letter To Shareholders As CEO

Posted Oct 7, 2013

Microsoft Corporation (NASDAQ:MSFT) has written his last letter to shareholders as CEO of the company.  Ballmer emphasized on the success that the company had over the last year.  Ballmer also pointed out that the company is also becoming a major player in the hardware business through the acquisition of Nokia Corporation.

“With the decisions we’ve made this year, the strategy we’ve put in place, the organization we’ve designed, the world-class talent we have, and the devices and services we are creating, we are well-positioned to deliver growth and world-changing technology long into the future,” stated Ballmer in the letter.

Steve Ballmer said that Microsoft’s revenue grew by 6% to $77.8 billion and they returned $12.3 billion to shareholders through dividends and stock buybacks.

“As I think about what?s ahead, I?m incredibly optimistic about what Microsoft will deliver. We are accelerating as we bring to market Windows 8.1 PCs and tablets with our partners, Surface 2, Xbox One and new phones; advance our enterprise services including Windows Server, Windows Azure, Microsoft Dynamics and Office 365; and innovate on new high-value activities,” added Ballmer.