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Microsoft Ballmer

Microsoft CEO Sells $ 1.3 Billion Of Shares

Microsoft Corp. Chief Executive Steve Ballmer has recently sold about $ 1.3 billion of its shares in the company for the first time he did it seven years.

Ballmer confirms the sale of stock on Friday and says, made to diversify investments and to support its fiscal year-end planning. He said he intends to sell up to 75 million units by the end of the year. Securities and Exchange Commission filings that Ballmer this week to demonstrate that it has sold 50 million copies.

Ballmer still has about 350 million shares, valued at approximately $ 9,000,000,000 at current prices Microsoft is about $ 26. Ballmer issued a statement  to avoid any misunderstanding."Rare Move, Microsoft released a statement on behalf of Ballmer, is likely to want to avoid any speculation that the sale of a substantial block of its shares mentioned something negative about the company .

Ballmer heads a versatile software giant and is also one of the biggest names in the business of the United States While this is a personal financial matter, I would like to make it clear that to avoid any misunderstanding,"Ballmer said in a statement. I am excited about new products and opportunities of our technology to change people's lives, and I remain fully committed to Microsoft and its success.

"Gathering of technology workers last month, Ballmer rejected the possibility that the Redmond , Washington-based Microsoft has adopted different approaches to technology to consumers and businesses. People want the same technology in their work because they are not at home, "he said. Ballmer also said that he has no intention of retiring anytime soon.

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Why do we only pick on oil companies instead of Microsoft

It's all the rage to pick on oil companies and their profits, but why is it ok for MS to pile up huge profits, making Bill Gates and Ballmer two of the richest men in the world? Should they refund some of that money, as Obama suggested oil companies do?

People don't understand the term profit margin. All they see is the profits the oil companies make. Not all the costs tha are associated with drilling, etc. If walmart closed it's doors tomorrow it would not be good for the employees but the country would be ok. Imagine all the oil companies closing shop. Funny how the people who pick on the oil companies still use their product.

Microsoft Ballmer
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What do you all think of Ballmer's latest threat?

So now that Obama is coming down on corporate tax loopholes, Steve Ballmer is threatening to move Microsoft jobs out of the US as he desperately wants to save money. What are your thoughts? Do you think he'll actually do it or what?

I think it would be great if he wants to move it to Mexico. then maybe some of these stupid politicians would wake up and charge higher tariffs than if they had stayed in the U.S.It would probably be by what and who we are talking about but that's why the rich get richer,---until we take away their loopholes.

Microsoft Ballmer