Sluggish phone and tablet sales hit Ballmer bonus


Sluggish phone and tablet sales hit Ballmer bonus

Simon Quicke

Slow growth in mobile phones and tablets cost Microsoft's CEO Steve Ballmer his maximum bonus for the second year in a row trimming the money he got for running the software giant.

Ballmer's bonus is worked out based on the performance of key parts of the business and for the second year in a row he missed out on the top amount he could have received because some parts of the business were lagging in performance.

The sum Ballmer received is not to be sniffed at, a bonus of $682,500 for the latest fiscal year, but it matched his annual salary when potentially if thigs had gone right it could have been double what was in his pay packet.

Lower than expected sales of Windows Phone software and a failure to deliver a decent competitor to Apple's iPad in the tablet market were to blame for the latest bonus calculations, which have been made public after being filed at the SEC.

Last year was a similar story with it6s lacklustre performance in the mobile phone space responsible for keeping Ballmer's bonus from going above his salary.
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