Ballmer Says Microsoft Probably Should Have Done More Hardware Sooner

The transcript discusses the transition of Bill Gates from CEO to chief software architect, and the subsequent leadership of Microsoft. It covers strategic decisions in software and hardware, including investments in Facebook and the missed opportunities in the smartphone market. The rise of cloud computing and Microsoft's response with Azure and Office 365 are highlighted. The transcript concludes with the Nokia acquisition and the leadership transition to Satya Nadella.

What challenges did Microsoft face in entering the smartphone market?

What were the reasons behind the unsuccessful acquisition of Nokia?