Microsoft share prices rises to a height that hasn’t been seen since 2000, this is great news for the company and the shareholders. The 5% rise has taken the shares to $39.90 per share.
Many people are speculating as to the reason for the increase in the share prices. One of the potential reason is the imminent release of the new Microsoft Office for the iPad; this long awaited software is going to enable so much more interface with the tablet, it will allow even more businesses to use this technology to their full advantage.
This fantastic news for the company is part of a long awaited addition to the Microsoft Office application that will allow users of the iPad to install the complete package and have access to some of the brilliant features that are offered on this software. These will include the classics software, Word and the spreadsheet application, but many are unsure as to the complete package that is going to be on offer.
But this isn’t all; many believe that the changes in the share price are not only a combination of the release of the new software but also the changes that have been happening in all areas of the company. This includes the recent management change to Satya Nadella and the reduction in business duties from the former CEO of the company, Steve Ballmer.
Any changes in a company could have a negative impact on the price of the shares; this little shake up, along with the new introduction to the Microsoft Office package has been timed impeccably well. This increase shows that the market approves of these current decisions and is backing the future and the development of the company and the products involved with the continued growth of this well-known and well-liked business.