The Best (And Worst) Third-Quarter Technology Vendor Stocks


Microsoft

CEO: Steve Ballmer

June 28, 2013: $34.54
Sept. 30, 2013: $33.28
Change: 3.6%

It's been a tumultuous few months at Microsoft. In July, the company announced a massive reorganization plan as the company drives toward its goal of re-inventing itself as a services and devices company.

But Microsoft's flagship device, the Surface tablet, struggled in the marketplace. Despite slashing the product's price, sales lagged, and in July the company took a $900 million write down for unsold inventory of Surface RT products.

In August, CEO Steve Ballmer announced that he would retire within the next year, leaving the post he has held since 2000.

 



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