Ever since it was announced that Steve Ballmer was stepping down, Microsoft shares have been on a tear. As of the close yesterday (March 18), MSFT shares hit a 14-year high. New CEO Satya Nadella has increased the firm’s focus on mobile and cloud computing. This renewed focus on these areas have obviously spurred some interest in investors. With the CEO switch, the company also brought back Bill Gates, who will now spend around a third of his time at Microsoft. While he hasn’t been deeply involved with Microsoft for a number of years, he is still a legendary name and may bring about more vision to the firm. A CNN Money article stated that Microsoft is planning a news conference on March 27 about a new product for mobile and cloud computing.
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