Why I Love Microsoft Corporation
Before Satya Nadella took over as CEO, Microsoft (NASDAQ: MSFT) had become a slowly dying relic trapped in the past.
The company was not in any danger of going out of business, but it was no longer an innovator. Windows still powered most computers, but rivals including Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) had taken over the tablet and smartphone spaces with iOS and Android respectively.
When Nadella was named CEO in February 2014 he inherited a bit of a mess. On top of the company missing the tablet and smartphone markets, which ended a near monopoly for Windows, the company had angered some of its core audience with Windows 8. The operating system (OS) was optimized for touch-based devices, and it dropped many familiar features, including the well-liked "Start" button. In addition, the new CEO had to sort out what to do with the company's $7.68 billion acquisition of Nokia's smartphone business.
Source: Fool.com
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