I predict that, for the rest of the summer, all news of Microsoft, Inc. will be tinged by the impending departure of Bill Gates from day-to-day operations. Who will take his mantle? Who else will leave? And, grandly, what will be his legacy?
Steve Hamm of BusinessWeek wonders, will Gates be remembered for his innovations and good works, or for his anti-competitive "bare-knuckle tactics"? Hamm's conclusion seems to be that Gates deserves the Carnegie legacy (as opposed to Rockefeller) thanks to the thousands of millionaires he minted and the great works he's already begun to do with his foundation.
Evidently, the legacy didn't look great to investors (or maybe they're just still smarting over Google's success in capturing Adobe's heart, an obvious snub of Microsoft in favor of the company's oogly rival), as the stock was down 20 cents to $22.88.
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