Xbox 720 believed to be behind surge in Gates’ wealth
Despite having given away billions in charity in recent years, Microsoft founder and non-executive chairman Bill Gates is said to have dislodged Mexican telecom mogul Carlos Slim, also a noted philanthropist, from the top spot on the list of the world’s wealthiest people.
In other words, where the markets are concerned, all this Xbox 720-related excitement has been able to offset the negative impact of disappointing first-quarter PC shipment numbers. But the question is: for how long? According to Arora, this “rally in Microsoft is overdone.”