Ballmer Punished For Kin And Lack Of iPad Competitor

Ballmer Punished For Kin And Lack Of iPad Competitor

Steve Ballmer did not receive his maximum bonus this year because of missteps at Microsoft.

The bald sweaty blob received a cash bonus of $670,000 at the end of June, but the payout is 50% less than his potential maximum bonus.

Ballmer was apparently slapped on the wrist for failures such as the Kin and Microsoft’s failure to bring an iPad competitor to market.

Ironically, despite these failures the blob was still able to raise Microsoft sales 7% to a record high of $62.5 billion.

On top of the bonus, Ballmer received a total salary of $1.34 million, a 6% raise from 2009.

While Microsoft is apparently doing okay, someone somewhere feels that perhaps Microsoft could be more on the ball when it comes to competing in the tech industry.

Perhaps blobby will get his full bonus next year if Windows Phone 7 turns out to be a runaway success, or at least sells for longer than three months.

Like it?
Share it
THE AUTHOR
Toby Leftly

Toby is a Mac nerd, a hardware nerd and a web nerd, rolled into one. You can find him at accentmedia.ca or on Twitter.

Want more?
Related posts

2 Comments »

 
#1
SavTheCoder
October 1st, 2010 at 8:58 am

it’s all about Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers…

 
 
#2
Robin
October 1st, 2010 at 11:52 am

Oh heavens, only $670,000? How will the man eat?!

 

Name (required)

E-mail (required - never shown publicly)

Web-site

Your Comment

Keep up to date with all the latest content by subscribing to one of our newsletters below. Weekly Digest is sent once a week with the most popular posts in the past 7 days, while the Daily Posts newsletter is sent once a day with all the posts published in the past 24 hours. No spam.

 
SUBMIT A TIP
Have a great bit of news to share with our readers? Use the form below to submit it to our editors. You may submit any tip that you wish anonymously, but if you wish to get a reply from us, be sure to include your email. Thank you.
Message:
Name (optional):
Email (optional):
3 + 2 =