In contrast to all of Microsoft's rivals: IBM left the PC Business. Sun literally died and got bought out. Oracle's products were eaten alive by Open Source.
Under Balmer, Windows 7, XBox and XBox 360, Kinect. Do remember that Windows Mobile 6 was a major competitor vs Blackberry through the early 2000s.
Ballmer tripped up in his final years with Windows8 and failing to bring the success of Windows Mobile 6 to post-iPhone markets. But I think he did good from 2001 through 2011 overall.
The CEO doesn't control the stock price. He controls employees, revenues and profits. Lets not blame Ballmer for having the unfortunate luck to become CEO at the height of the 2001 stock bubble, and instead look at the things he actually could control.
Ask microsoft right now, they would probably trade 50% of their windows and office business to have a strong 25% share in the mobile market. They would also probably trade the other 50% of their windows an office business for 50% of the worlds cloud computing business.
He had no CEO vision, he was an excellent COO who streamlined and improved margins, but absolutely failed to make any of the moves necessary for Microsoft to continue to be at the top of the software industry over the long term.
CEOs need the vision to recognize, and the cajones to go after the big 'bet the company' moments...
Tell me who you'd rather be among the major forces of the 90s. My bet? I'd rather be Microsoft.
The responsibilities of an enterprise-level deployment mean that Microsoft was ill-suited for the changes that occurred in the mid-2000s, just like its other enterprise competitors.
Still, despite being handicapped by Enterprise customers, Microsoft performed okay in the transition to cloud. I mean, Azure actually exists and arguably is a bigger platform than Google's Compute Engine.
Microsoft's track record is that it's 2nd best at a lot of things. Microsoft is 2nd best at cloud (Azure), 2nd best at Bing (remember: Yahoo uses Bing as a backend), 3rd best at web browsers (Edge / IE). 2nd best at gaming (PS4 > Xbox > Wii U in terms of this generation's sales).
They're not really in a bad position at all. They're just not a dominant giant.
Maybe you shouldn't have such strong opinions about things you perhaps don't understand? And not even attempting to understand according to your own admission.