Thursday, March 27, 2014

Microsoft's CEO Satya Nadella to come out swinging in his public debut on Thursday - Economic Times

High hopes

"The technology behind the software is not ground-breaking, but the strategy is: It puts Office at the heart of the company's push to become a leading services company across a variety of platforms - possibly at the expense of Windows and its own Surface tablet.

That perceived willingness to break with the Windows tradition, which remains co-founder Bill Gates' most enduring legacy, has helped spur Microsoft shares to $40-plus levels not seen since the dotcom boom of 2000.

Wall Street is now guardedly optimistic on a company that, while still garnering billions of dollars in annual profit, risks gradual obsolescence in a mobile-powered tech industry."
Microsoft's CEO Satya Nadella to come out swinging in his public debut on Thursday - Economic Times
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