Microsoft’s stock reached its highest price of $39.90 per share since 2000 yesterday. Thanks to the news regarding Office for iPad release. Office for the iPad has been rumored for many years now, but it appears Microsoft is finally ready to unveil the product later this month.  According to reports, Microsoft CEO Satya Nadella will himself demo the product marking his first major public appearance since becoming CEO. Yesterday, Microsoft sent out press invites for an event in San Fransisco on March 27th and Microsoft is expected to unveil Office for iPad on that day. It seems investors are too excited about this news that Microsoft is releasing Office for iPad. Office is already generating significant revenue for Microsoft and investors hope that releasing Office on new platforms should further increase Microsoft’s revenue. Rick Sherlund of Nomura Equity Research has a “Buy” rating on MSFT stock and has set a ...

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Ford CEO Alan Mulally’s name continues to pop up as a possible replacement for retiring Microsoft CEO Steve Ballmer.  I like Mulally and there is certainly no arguing that Ford would have gone bankrupt without him.  However, I do not think he is the right person to replace Ballmer, but could be an asset to Microsoft in another capacity.  Making planes at Boeing and cars at Ford is quite different from running a premiere technology company. We recently covered a report, in which investors have been pressuring Microsoft to name Mulally as CEO.  Why would investors want Mulally as CEO? He isn’t from Google, Apple, Amazon, Twitter or some other hot silicon valley startup.  He isn’t fawned upon by the Technorati (excluding the times he does large ad buys on their “respective” websites).  Mulally isn’t young or hip.  He isn’t a rich socialite or fashionista akin to Marissa Mayer.  He isn’t a bully like Steve Jobs.  He ...

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