Bill Gates 'not satisfied' with Microsoft's recent innovations

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Once upon a time, Bill Gates and his company Microsoft were the leader in technology innovation. Those days are long gone, though. Since technology has evolved beyond computer, encompassing music players, phones, and tablets, Microsoft has been stuck playing catch up.

The company has made great strides in the last few years, launching their Bing search engine, redesigning their flagship operating system for it's current release, Windows 8, and making a concerted effort to be a player in the smartphone and tablet computer market. Is it enough, though?

Microsoft Chairman Bill Gates answered that very question when he appeared on "CBS This Morning," in an interview with Charlie Rose. "No, [CEO Steve Ballmer] and I are not satisfied that in terms of, you know, breakthrough things, that we're doing everything possible," he says. Among the disappointments Gates notes is entering the smartphone battle so late in the game hurt the company, saying, "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."

While still chairman, Gates no longer has a day-to-day role in the company. He also runs the world's largest charity with his wife, Melinda Gates, that has a goal of ending polio once and for all by 2018. Gates also recently held a question and answer session with the public on Reddit.
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