Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates admitted to a significant oversight that, according to an Android co-founder, cost the Windows-maker a $400 billion opportunity in the mobile sector.
What Happened: During an interview with Eventbrite CEO Julia Hartz, Gates acknowledged his mismanagement led to Microsoft missing out on developing a mobile operating system akin to Android.
Gates expressed that creating such an operating system should have been a natural win for Microsoft.
However, he cited mismanagement and antitrust issues as barriers that prevented the company from capitalizing on the opportunity.
Consequently, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google acquired Android in 2005, launching its first device in 2008, while Apple Inc. (NASDAQ:AAPL) had already released the iPhone in 2007.
See Also: Apple Unveils iPhone 16e With A18 Chip, AI Features, $599 Price Tag
Meanwhile, Android co-founder Rich Miner shared his perspective, stating he helped create Android to prevent Microsoft from dominating the mobile space as it did with personal computers.
Subscribe to the Benzinga Tech Trends …
