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Microsoft became the second-ever company worth $3 trillion on Wednesday as the artificial intelligence boom sent shares of the company’s stock soaring higher.
Microsoft Reaches $2 Trillion. On April 25, 2019, Microsoft made market history when it was valued at $1 trillion for the first time. As of the close of business on Oct. 4, 2019, its value had ...
Microsoft is back on top. After trailing behind Apple for the majority of the past decade, Microsoft is the world’s most valuable publicly traded company as of market close on Friday.
Leading in sales for the quarter was Microsoft’s productivity business segment, which includes its Office suite of email and other workplace products, growing 12% to $28.3 billion. Microsoft’s cloud-focused business segment grew 20% from the same time last year to $24.1 billion for the three months ending Sept. 30.
Source: Peteri / Shutterstock.com In fact, based on analyst projections and the company’s very high free cash flow (FCF) and FCF margins, MSFT stock could easily be worth more than $3 trillion.
Microsoft Corporation is an American multinational technology conglomerate headquartered in Redmond, Washington. [2] Founded in 1975, the company became highly influential in the rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields.
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