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CNBC Excerpts: LA Clippers Owner and Former Microsoft CEO Steve Ballmer Speaks with CNBC’s “Squawk Box” Today

WHEN: Today, Friday, October 21st

WHERE: CNBC's "Squawk Box"

Following are excerpts from the unofficial transcript of a CNBC interview with Los Angeles Clippers owner and former Microsoft CEO Steve Ballmer on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Friday, October 21st. Following is a link to the story on CNBC.com: http://www.cnbc.com/2016/10/21/microsoft-successfully-makes-transition-to-enterprise-ex-ceo-ballmer.html.

All references must be sourced to CNBC.

BALLMER ON MICROSOFT FUTURE

We grew our revenue and we grew our profit. We made the transition from a PC company to an enterprise company. And Satya's got the company doing the right stuff. He's going down this cloud path.

BALLMER ON FACEBOOK BID

Steve Ballmer: You have to have a willing seller. You know, I made a pitch to Zuckerberg when the thing was small, but you know, he said no.

Michelle Caruso-Cabrera: How much did you offer him?

Ballmer: Oh I think $24 billion when the company was itsy-bitsy and he said no. And I respect that.

BALLMER ON YAHOO

Microsoft is the only company that ever had any synergy with Yahoo, because you could fold the two search businesses together, get rid of engineers – all the good stuff can happen. And yet, most of the value in Yahoo wound up being in Alibaba anyway. So, we would have bought all of that value in Alibaba – not all of which we knew existed. But with 20/20 hindsight, who knows whether it was right.

BALLMER ON SALESFORCE

Look, I am a guy who actually believes in revenue and profit. I really do. And you can dilute something and get nothing back. I'll just tell you, I could never make the math work on Salesforce. Never, ever, ever, ever. Ever. Never.

BALLMER ON TWITTER

You know, Twitter, I think it is a really good company. Obviously with some work to do. Just think about this election. Would it have been the same without Twitter? Without Trump banging out those late night tweets? I don't think so.

BALLMER ON NO SUBSTITUTE FOR TWITTER

I don't think there is any substitute for it in the market. It is kind of an irreproduceable asset today. I think it is fantastic. The company has either got to take an independent path and you know, got to get it getting a little bit. Or it has got to sell to somebody who can propel it.

BALLMER ON DORSEY

I think that is a weird deal. I do think it is a weird deal. You know, I'm a big believe in kind of almost monomaniacal focus. And that could be an issue.

BALLMER ON BUYING TWITTER

I have never, ever, ever wanted to buy Twitter myself. I mean, come on, I got a good life right now. I don't need to do that.

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