Steve Ballmer's Microsoft (Nasdaq: MSFT) days are numbered. Within the next year, he'll be moving on from the company and the company will have just the third CEO of its 38 year history. 

Investors clearly wanted Ballmer to leave Microsoft; its shares jumped 7% on the news of his departure. However, the focus now shifts to what kind of leader Microsoft needs. 

In the video below Fool analysts Simon Erickson, Jamal Carnette, and Eric Bleeker discuss who the favorites are to talk over for Ballmer, and what kind of leader the company needs. Microsoft is deeply troubled in mobile and its online services, but also still reaps huge profits from Windows and its business unit and has seen big gains from its Server and Tools unit. Does Microsoft need a revolutionary leader, or someone to improve on the areas that are still working for the company?

Eric Bleeker, CFA has no position in any stocks mentioned. Jamal Carnette has no position in any stocks mentioned. Simon Erickson owns shares of Microsoft. The Motley Fool owns shares of 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.