Let's face it, Microsoft (NASDAQ:MSFT) has no shortage of headaches ahead of it. The company that dominated the PC era like no other (except perhaps Intel), is now facing a slow slide to irrelevance as consumers and professionals increasingly substitute their laptops and PCs for smartphones and tablets. However, the company has two aces up its sleeve in its Office and Windows segments, both of which remain cash cows even as the PC market tanks. Fortunately, this buys Microsoft more time than most companies could hope for, which it can use to revamp its products and strategy. In this video, Fool contributor Andrew Tonner tells investors the two most critical moves Microsoft and its new CEO will need to make.

Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter: @AndrewTonnerThe Motley Fool recommends Apple, Google, and Intel. The Motley Fool owns shares of Apple, Google, Intel, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.