Bill Gates: Microsoft Not Innovating Fast Enough

In a new interview with “CBS This Morning,” Microsoft Chairman Bill Gates tells Charlie Rose that Microsoft isn’t innovating at an acceptable rate.

It’s a bold admission from the notoriously coy Gates, who also addressed thoughts on how Microsoft CEO Steve Ballmer has performed in his role.

“Well,” Gates says of Ballmer, “he and I are two of the most self-critical people — you can imagine. And here were a lot of amazing things that Steve’s leadership got done with the company in the last year. Windows 8 is key to the future, the Surface computer. Bing, people are seeing as a better search product, Xbox. Is it enough?… No, he and I are not satisfied that in terms of, you know, breakthrough things, that we’re doing everything possible.”

Perhaps most tellingly, Gates reveals that Microsoft failed to make critical early progress in mobile.

“We didn’t miss cell phones, but the way that we went about it didn’t allow us to get the leadership. So it’s clearly a mistake,” Gates added.

To watch the full interview with Gates on CBS This Morning, click here.