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There is such an overvaluation of technology stocks that it is absurd. I would include our stock in that category. It is bad for the long-term worth of the economy.

Steve Ballmer

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Steve Ballmer
Age: 68
Born: 1956
Born: March 24
Businessman
Computer Scientist
Entrepreneur
Merchant
Detroit
Michigan
Steven Anthony Ballmer
Steve Anthony Ballmer
Economy
Stocks
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Long
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Absurd
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Technology

More quotes by Steve Ballmer

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Accessible design is good design - it benefits people who don't have disabilities as well as people who do. Accessibility is all about removing barriers and providing the benefits of technology for everyone.
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I don't know what a monopoly is until somebody tells me.
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Computer science is the operating system for all innovation.
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At Microsoft, we're investing heavily in security because we want customers to be able to trust their computing experiences, so they can realize the full benefits of the interconnected world we live in.
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It actually turns out to be much harder to really understand government across state local and federal.
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I didn't leave business school to go bankrupt.
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Google's not a real company. It's a house of cards.
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The company I invested in is probably a leader in that area. They're a company called Second Spectrum, which happens to be based in LA but was started by two USC computer-science professors. It's filled with guys who love sports, who played sports, but really look like programmers.
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Not only because the product wasn't a great product, but remember it took us five or six years to ship it. Then we had to sort of fix it. That was what I might call Windows 7.
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You get some success. You run into some walls...it's how tenacious you are, how irrepressible, how ultimately optimistic and tenacious you are about it that will determine your success.
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The world is changing, but so is Microsoft.
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Whatever device you use, Windows will be there. Windows will be everywhere on every device without compromise.
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I don't think anyone has done a [tablet] product that I see customers wanting.
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Let's face it, the Internet was designed for the PC. The Internet is not designed for the iPhone. That's why they've got 75,000 applications - they're all trying to make the Internet look decent on the iPhone.
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The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn't think they could learn before, and so in a sense it is all about potential.
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The Internet Was Designed For The PC. The Internet Is Not Designed For The iPhone
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Maybe I'm an emblem of an old era, and I have to move on.
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We can believe that we know where the world should go. But unless we're in touch with our customers, our model of the world can diverge from reality. There's no substitute for innovation, of course, but innovation is no substitute for being in touch, either.
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We've grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
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Baseball is a set of individuals doing their thing in the same team, but it's much more individual. In basketball people are making real time decisions about who gets the ball, do we trust everybody out on the court, and the analytics certainly don't show you all those subtle dynamics, but they're very important.
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