Satya Nadella: Microsoft's $1 trillion market cap is 'not meaningful'
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After the devastating failure of Windows Phone, many argued that the fall of Microsoft is imminent and that it’d be next to impossible for the company to make a comeback. Satya Nadella took charge and now Microsoft is the second company after Apple to cross the $1 trillion market cap. Also, it’s now the most valuable company in the US.
But it turns out that Microsoft CEO Satya Nadella is in no mood to celebrate the $1 trillion success. Terming the $1 trillion dollar market cap success ‘not meaningful’ Nadella said, “I would be disgusted if somebody ever celebrated our market cap.”
Steve Ballmer resignation as the CEO transferred the power to Satya Nadella which catapulted Microsoft to a new height no one expected. In the course of the five years, the company went through a much needed cultural overhaul. But the Microsoft CEO is not a huge fan looking into the past. “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 says. “We’re learning how not to look at the past.”
Via: Bloomberg
