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Ballmer Says Microsoft a ‘Two-Trick Pony,’ Working on Third

Microsoft Corp.’s former Chief Executive Officer Steve Ballmer said he’s sorry he didn’t combine hardware and software development sooner after the company missed out on Apple Inc.’s smartphone success.

“The thing I regret is that we didn’t put the hardware and the software together soon enough,” Ballmer said in a talk at Oxford University’s Said Business School today. Still, “if you really want to bring a vision to market, it is helpful to be able to conceive and deliver the hardware and the software. Our company is in the process of building new muscle.”