3 Risks Microsoft's Management Wants You to Know

It's a new era for Microsoft (NASDAQ: MSFT). Under prior CEO Steve Ballmer, the company experienced a lost decade for failing to adjust to the shift to mobile and falling behind various competitors -- notably Apple in smartphones and tablets, Alphabet in search advertising and browser share, and both in mobile operating systems. The company always maintained its dominant share with its Windows desktop operating systems and in its Microsoft Office suite of productivity tools.

New CEO Satya Nadella has led the stock to a renaissance on a two-pronged plan of action. First, the company is working to convert users of its operating system and software to subscription-based billing. The second was to increase its presence in the high-growth cloud-computing industry with its Microsoft Azure program.

Nadella has been mostly successful, and shareholders have been handsomely rewarded under his leadership. But could anything go wrong? Here are three business-specific risks management noted in its last quarterly statement.

Source: Fool.com