Microsoft's New CEO Gets A Big Thumbs Up From Wall Street

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Microsoft's New CEO Gets A Big Thumbs Up From Wall Street
Satya Nadella’s willingness to transform Microsoft (despite the fact it’s the most recognisable brand in computing) to adapt to the challenges posed by the mobile sector has earned him rave reviews from Wall Street. Analysts assessed Microsoft’s newest CEO on Thursday and where impressed with his work to date.

Satya Nadella joined a quarterly earnings conference call, marking the first time in five years a Microsoft CEO has done this. He said,

"It is important and valuable to see the company with the fresh perspective, to get grounded both on our current realities and future opportunities… What you can expect of Microsoft is courage in the face of reality; we will approach our future with a challenger mindset; we will be bold in our innovation."

This challenger mind set is integral, according to Nadella, who conceded Microsoft has fallen to both Apple and Google in recent years. Analysts praised the new CEO’s performance, stating,

"He did a Picasso-like job creating more transparency forMicrosoft, as he embarks down this transformational path to the cloud," said Daniel Ives, an analyst at FBR Capital Markets. "He has created enormous goodwill for Microsoft with the street and that speaks to optimism around shares since he took over the reins."



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