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BLOOMBERG Bloomberg West February 5, 2014

Enterprise and cloud business. Take a listen to his first public message. Software is still a very valuable, malleable research to create it as experiences and i think that is where we will be focused on. Think about how everything we do will be digitally mediated. That means that experiences such as online meetings or how i connect and communicate with my friends and family or how i view entertainment will all be changed by software. Those are the places where microsoft is squarely focused in bringing our innovation. In addition to nadella taking the top job, bill gates has stepped down. Gates will remain very involved as a technology advisor. We have a roundtable to discuss now. Michael pim joins us via skype from seattle. Joining us from l. A. And our editor at large, cory johnson joining me. What do you think about what you heard from Satya Nadella and that address . I think he is right. I think in a number of these markets. In ....

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