New Microsoft (MSFT) CEO Satya Nadella is already getting one thing right: At the market’s close Monday, Microsoft stock was at $40.99, continuing near its 14-year high. Shares are up close to 11% since Nadella was named CEO in February. (Under former CEO Steve Ballmer, MSFT endured a 40% drop.)
In less than two months, Nadella has overseen the release of an Office suite for Apple’s (AAPL) iPad as well as new device-agnostic services. And more releases are sure to be coming with Microsoft’s annual Build developers’ conference, kicking off this Wednesday.
Nadella seems to be taking Microsoft in a new direction with a bigger focus on enterprise solutions, and this seems to be paying off quite nicely: