Former Google CEO excludes Microsoft from the list of ‘gang of four’.
Microsoft have been continually criticized for its stagnant drive towards innovative products, and joining the list today is former Google CEO Eric Schmidt.
At the D9 conference, Schdmidt snubbed Microsoft by excluding it from the ‘gang of four’ high tech companies that were moving towards innovation and growing exponentially as a result. These companies include Amazon, Apple, Facebook and of course, Google.
“Microsoft is not driving the consumer revolution in the mind of the consumers,” Schmidt said. “They’ve done a very good job of getting [customers] locked in on the corporate side.”
“Typically, tech companies eventually become boring and middle aged,” he added, nothing that Microsoft’s legacy products, such as Windows, Office, and Xbox, will continue to provide “a flywheel that will power Microsoft and what they are doing for many decades.”
Further on, Schmidt said that there were few other companies such as eBay, PayPal and Twitter, that could break the top tier as well, perhaps forming a gang of six or seven. He believes that none of these companies will ever merge due to antitrust concerns.