Microsoft at 38 in need of retooling

Steve Ballmer, Microsoft's chief executive, ended last Friday about $800m richer than he started following his announcement that he would retire within the coming 12 months. The share price rose 7% on the Nasdaq and the outgoing chief owns 333m of them. Microsoft, founded in 1975 and at 38, is in need of a retooling but unlike Nokia, BlackBerry and Dell, it has several enduring …

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