Microsoft's announcement that Chief Executive Steve Ballmer will retire within 12 months is big news but little surprise.
Ballmer, who's led Microsoft since 2000, simply couldn't prove that he could move the company to a new course effectively. Despite years of trying, Microsoft hasn't shown an ability to keep up with Apple's mobile devices or Google's online services. When the software giant missed expectations with its quarterly earnings report in July, investors punished it by lopping $32 billion off its valuation. Compare that with Friday's 6 percent stock price increase.
Ballmer suffered three … Read more