Microsoft’s (Possible) New CEO Wants To Sell Xbox
This week has been decidedly scarce in terms of controversial and
click bait rumour filled news, so thankfully a report on Blooomberg has allowed me to change that. One of the candidates for former Microsoft CEO Steve Balmer’s replacement is former Nokia CEO, Stephen Elop, and he has a big list of plans should he be appointed.
First on that list is to get rid of Bing. About fucking time.
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The second is not so pleasant. Apparently, Elop has stated that he would consider selling the Xbox Division should he deem it not critical to the company’s strategic outlook. Considering Microsoft doesn’t even currently know what its own outlook is, this is a little bit surprising. Not only that, but doesn’t Microsoft make bucket loads for the company annually?
Surprisingly, analysts predict that this could very well be on the Microsoft road map, despite who gets the job. Nomura Holdings analyst Rick Sherlund revealed earlier this week that Microsoft’s earnings could be boosted by up to 40 percent should they drop Xbox and Bing by 2015, news which was followed by the highest share price for Microsoft since the year 2000. Sherlund had this to say about the possible sale of both divisions.
“Microsoft is trying to do too much, and these assets add no clear value to the overall business,”
The Blolomberg report also suggests that if Elop is named new CEO, he could break from past company traditions and seek to market Microsoft products on various different platforms, including Office products for Android and iOS. However, Ford CEO Alan Mulally is apparently leading the race to the chair Bill Gates once used to sit in.
I’ll be honest, I could give my opinion on all of this but there are much greater powers at work on this field. It’s would sadden me to see Microsoft part with Xbox, and it’s looking more and more like this is the plan in the near future. It will, however, be interesting to see who decides to buy it.