Home / Technology / Bill Gates reveals his biggest mistake – and says it costs him billions of dollars

Bill Gates reveals his biggest mistake – and says it costs him billions of dollars



Bill Gates still has a multi-billion dollar regret.

"The biggest mistake ever is whatever mismanagement I engaged in that caused Microsoft not to be what Android is," he told a conference over the weekend. Gates spoke to Eventbrite's founder and CEO Julia Hartz at an event hosted by the venture company Village Global. "It was a natural thing for Microsoft to win," Gates said.

Microsoft

MSFT, -3.48%

attempted to create a mobile phone system to compete with Apple's

AAPL, -1.45%

but when Windows Mobile was launched with a touch screen feature in 2010, there was no match for Android, Google owned

GOOG, -2.74%

GOOGL, -2.75%

OS running on non-Apple phones. Microsoft finally quit its mobile operating system. Gates said the market is worth $ 400 billion.

"It's really the winner taking everything. If you're there with half as many apps or 90% so many apps, you're about to complete the verdict. There's room for exactly one non-Apple operating system and what's that worth it? "he added. "If we had got that right, we would be the leading company, but oh." Android has 75% of the mobile OS market. Apple's IOS is 22.7%; Windows has 0.24%.

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Gates is not alone in confirming their biggest mistakes. On Sunday, President Donald Trump said his biggest mistake when the president appointed Jeff Sessions as his first lawyer general. "If you were to have a change as president, what would it be?" NBCs

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Chuck Todd asked the president on "Meet The Press." The sessions were replaced by lawyer William Barr.

"I would say if I had a transition, that would be, I wouldn't have appointed Jeff Sessions to be a lawyer's secretary. It would be mine," replied Trump. Sessions took advantage of working on the Russia involvement survey in the 2016 presidential election. "That was the biggest mistake," Trump said of his appointment sessions.

Former Apple CEO Steve Jobs, who died of cancer in 56 in 2011, revealed to his cinema Walter Isaacson that his greatest regret was personal. Jobs said his biggest mistake was to delay chemotherapy and surgery for nine months after the diagnosis in favor of alternative medicine. Isaacson said Jobs had "magical thinking. It had worked for him earlier." Part of Microsoft has increased 32% so far this year compared to a 14% profit for the Dow Jones Industrial Average

DJIA, -0.70%

and a 17% increase for the S & P 500 Index

SPX, -0.96%

.

(Jeanette Settembre contributed to this story.)


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