Ballmer worried about consumer spending: Do your jobs, people!
- September 30th, 2008
- 16 Comments
Microsoft CEO Steve “Sweat” Ballmer said that the financial crisis will “sap consumer and business spending,” leading to a downturn in Microsoft’s revenue. He explained that no company will be immune to the crisis although analysts predict an 8 percent rise in revenue this quarter.
He explained that none of the business units within MS will go to “0″ but that companies holding down spending while the crisis blows over will definitely not be buying Windows Vista Ultimate. This goes double, obviously, for consumers.
“On the other hand, when businesses have less money — they can borrow less money, they can spend less money — that can’t be good. When consumers feel the economic pinch, house prices come down. That can’t be good,” Ballmer said.
tony (Who am I?)
2 months ago
Ballmer is crazy, they should fire him. obviously no company will be immune to the financial crisis.
http://gatesandjobs.blogspot.com/
4four1ones (Who am I?)
2 months ago
Ballmer = nutjob.
mortgages, mortgages, mortgages, mortgages…..
mortgages, mortgages, mortgages, mortgages…..
mortgages, mortgages, mortgages, mortgages…..
woooooooooooooooooooooooooooooohoooooooooooooo
@4four1ones
mike (Who am I?)
2 months ago
How about just give every $1M in credit and see how much that will be worth. People can’t seem to understand, you can go have as much credit as you want but there will be consequences to this rise in credit. An individual ability to pay the debt. That’s why we are having this problem! Consumers already maxed out their credit. When consumers can’t pay their minimum monthly payment, you get a credit crunch. It is necessary to make consumers more efficient with their purchase. Buying Vista is not efficient use of capital.
"www.ShawnDrewry.com" (Who am I?)
2 months ago
Ballmer looks fat & sweaty…lol
Chuck LeDuc Díaz (Who am I?)
2 months ago
Cry me a river. The future looks bright for free software, though.
HowtoForge (Who am I?)
2 months ago
“…companies holding down spending while the crisis blows over will definitely not be buying Windows Vista Ultimate.”
They wouldn’t have bought Vista anyway…
wrightee (Who am I?)
2 months ago
He really looks like Raymond’s Dad (from ev. loves R)
home interiors (Who am I?)
2 months ago
Microsoft needs to start acting like a small company again so they can be nimble. They are too large to come up with products that customers need. Nobody needs new windows. Why not invest in some R&D on some useful products. I hate big companies resting on their laurels, but that does create a niche for smaller upstarts.
MyLocator.com (Who am I?)
2 months ago
Great advice. Common sense and simplictiy will rule the net sooner than later.
Tostada-man (Who am I?)
2 months ago
Ballmer-o sounds just like the Dad in The Brady Bunch:
“Well, kids: When there’s no money, you can’t buy candy. Becasue you need money to buy candy. And with no money, there’s no candy”…
Gimme some freakin’ guidance here, Steve! when is Vista going to work? How much will Windows 7 suck? When will you put some porn on the X-Box?
You get it, right? Porn….X-Box…
Bimbo Ballmer!
tfosorcim (Who am I?)
2 months ago
What a brain-trust.