Microsoft is now worth over $1 trillion, a stunning run since Satya Nadella’s ascent

Limited Time Offer!

For Less Than the Cost of a Starbucks Coffee, Access All DevOpsSchool Videos on YouTube Unlimitedly.
Master DevOps, SRE, DevSecOps Skills!

Enroll Now

Source:- qz.com

Microsoft is America’s most valuable company—and it isn’t even close. After shares surged Friday (June 7), the software company’s market capitalization is now well above $1 trillion. For now, second- and third-place Amazon and Apple both remain around the $880 billion mark. A Microsoft rally led its share price to rocket nearly 10% in the past four days to a record level.

Investor optimism about Microsoft’s cloud services business is among the factors behind its shares’ rise, as CEO Satya Nadella is creditedwith a renaissance at the company. (Nadella, for his part, won’t be celebrating the trillion-dollar milestone: in an earlier interview with Bloomberg, he dismissed the valuation as “not meaningful” and claimed he would be “disgusted if somebody ever celebrated our market cap.”)
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x