Microsoft (MSFT), the King of PC world is the talk of the day with a new CEO crowned. Over the years, the company has seen three CEOs, but quality with dynamic user experience has always been its top priority. The question now is- what does Satya Nadella have in store for the Windows fans? With his background on cloud, shares are all ready to respond in high notes.
It all started four decades ago when Bill Gates dropped out of the Harvard University and along with Paul Allen, found Microsoft that lay the foundation for a revolutionary PC world. In 1986, Microsoft went public with shares trading at $21 per share, rising close to $60 million. It has been a while, but the company still remains fresh and consumer loving as always. It is not easy to stand against Google’s Smartphone in this era and Microsoft has not just stood by the competition, but has survived, giving us enough reasons to trust in its upcoming decisions.
‘Mobile-first, cloud-first’. These were Nadella’s exact words what he plans on doing next as CEO of Microsoft. Nadella who is an expert on clouds is the right choice for what Microsoft needs right now, which is focus on mobile. Quoting his words, he pointed that industry respects innovation and not tradition. Elaborating on his statement of mobile first, cloud first statement, he said that mobiles are managed by companies and owned by consumers. They plan on providing both the set of tools. Microsoft can now look forward to better days at the share market with mobile phones as their area of attention.
Microsoft is showing interest in Foursquare and is currently planning to invest about $15 million. The investment is targeted to make sure that business sustains at Foursquare, while giving Microsoft access to location based data collection. This move shows that Microsoft is making steps to integrate Foursquare data directly into the Windows Phone and Windows to get in line with Apple and Google with the location potential. This might be Microsoft’s strategy to implement some intuitive ideas in mobile expansion.
The shares have reacted well to the news of new CEO in the morning, with a positive up by 1.7%. On the other hand, Bill Gates is stepping down as chairman and is said to join the board as ‘Founder and Technology Advisor’. Whatever be the change, one thing is for sure, we can await the return of Microsoft stronger and better than ever!