With Android being one of the most popular OS next to the iOS, it's no wonder Bill Gates considers Microsoft failing to develop Android his biggest regret - one that actually cost the company USD$400 billion.
“The greatest mistake ever is the whatever mismanagement I engaged in that caused Microsoft not to be what Android is, [meaning] Android is the standard non-Apple phone form platform. That was a natural thing for Microsoft to win,” said Gates during a conversation with Eventbrite cofounder and CEO Julia Hartz a at an event hosted by venture capital firm Village Global.
“It really is winner take all,” he said. “If you’re there with half as many apps or 90% as many apps, you’re on your way to complete doom. There’s room for exactly one non-Apple operating system, and what’s that worth? $400 billion that would be transferred from company G [Google] to company M [Microsoft].”
Even though Microsoft did develop their own Windows OS, it failed to make a significant impact and died a slow and painful death. The reason for its death? Their very own app store - which failed to retain apps once they had been developed, The Windows phone was officially phased out by 2017.
Microsoft is still the most valuable company in the world, with a market cap of $1.05 trillion, but is vying for top spot with Apple and Amazon. Gates added: “We are a leading company. If we got that one right, we would be the company. But oh well.”