Microsoft recently briefly hit the milestone of a $1 trillion market cap, a 230% increase since Satya Nadella became CEO.
Microsoft briefly hit the milestone of a $1 trillion market cap recently, a 230% increase since Satya Nadella became CEO.Nadella refocused the company on building up its cloud business, which has become a chief source of growth for Microsoft.Fabrizio Bensch | Reuters
CEO Satya Nadella said he could care less that the company has hit $1 trillion in market value under his leadership.in an interview. While Microsoft's stock has spiked 230% during Nadella's tenure as CEO beginning in February 2014, he told Bloomberg the milestone is "not meaningful." Nadella would prefer to remain focused on the future rather than celebrating past accomplishments, he told Bloomberg.
"At Microsoft we have this very bad habit of not being able to push ourselves because we just feel very self-satisfied with the success we've had," he said. "We're learning how not to look at the past." That mindset has helped Microsoft grow its cloud business to become a serious competitor to the dominant player in the space,
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