U.S. Markets closed

How Satya Nadella and Microsoft won back Wall Street

Dave Gershgorn
How Satya Nadella and Microsoft won back Wall Street

In 2012, Microsoft looked like it could crumble. It posted its first quarterly loss in the company’s history, set against the background of a failing smartphone strategy and the rise of Apple’s iPhone and iPad line. The company’s $6.3 billion all-cash acquisition of advertising company aQuantive in 2007 had not turned around its Bing search…