Ballmer says gaming and cloud computing business feeds Microsoft revenue

Microsoft and the tech industry are in the midst of product change, said Steve Ballmer, Microsoft's CEO, in an interview with Ballmer, the US financial media, in the 2011 Consumer Electronics Show in Las Vegas. In addition, the game and cloud computing business has become another important source of revenue for Microsoft.

Mr. Ballmer said Microsoft Windows Phone 7 shipments reached 1.5 million during the Christmas holiday. In addition, Microsoft has now sold 8 million Kinects,xbox to become the most popular game product for young users.

Ballmer declined to disclose the upcoming Microsoft new product. But Mr Ballmer says both the entertainment and cloud computing businesses have big profit margins, which will lower labour costs for businesses. Mr Ballmer said Microsoft would get more corporate IT spending than ever because of cloud computing technology.

Mr. Ballmer conceded that investors wanted to know about Microsoft's next strategy, but Ballmer stressed that the company's development should not focus on stock prices alone. Microsoft's share price has not changed much over the past decade since Ballmer took office.

Mr. Ballmer added that profits are more important than stock prices. "What we can control is the ability to innovate, to develop new products and to earn revenue," Ballmer said. We have now sold 8 million units of Kinect. ”

Mr. Ballmer declined to discuss the 40 billion-dollar cash-use plan for the company's balance sheet. Mr. Ballmer said the company's capital expenditures grew as a result of the cloud computing business. Mr. Ballmer said the company's cash would be used for business investment and mergers and acquisitions. "We have returned more than 100 billion dollars to our shareholders in previous years," he said. ”