"To say that the last decade has been uninspiring for Microsoft (NASDAQ: MSFT) investors may be an understatement. Shareholders in the company have basically seen their stock moving sideways over the past 10 years, while other tech titans like Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) delivered amazing returns."
"The problem with Microsoft is not about products or technologies; the issue is its management team and an outdated approach to innovation.
"The main reason behind this huge gap in stock performance is clearly innovation. While Apple, Google and Amazon have launched revolutionary products and technologies that disrupted the technology industry in the last decade, Microsoft has missed the most exciting trends in the business like mobile, search, social networks and ecommerce, among many others.
"The company started the decade in a position of unrivaled strength: owning the operating system inside the huge majority of the computers in the world, and complementing that strategic position with a gigantic bank account, providing abundant resources for research and development expenditures as well as acquisitions."
Stating the obvious. Well, it needs to be said now and then, in case anyone missed it.