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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.
By May 2023, Microsoft stock was again worth more than $2 trillion. [26] In January 2024, Microsoft briefly surpassed Apple as the most valuable U.S. company, [ 59 ] and crossed $3 trillion during trading hours.
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 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 is a multinational computer technology corporation. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. [1] Its current best-selling products are the Microsoft Windows operating system; Microsoft Office, a suite of productivity software; Xbox, a line of entertainment of games, music, and video; Bing, a line of search engines; and Microsoft ...
He is a co-founder of Ballmer Group, a philanthropic investment company. [2] As of November 2024, Bloomberg Billionaires Index estimates his personal wealth at around $145 billion, making him the tenth-richest person in the world. [3] At the same time Forbes ranks him as the eighth-richest person with a net worth of $123 billion. [4]
The company restructured on June 25, 1981, to become an incorporated business in its home state of Washington (with a further change of its name to "Microsoft Corporation, Inc."). As part of the restructuring, Gates became president of the company and chairman of the board, and Allen became executive vice president and vice chairman.
Microsoft would also come to dominate the office suite market with Microsoft Office. The company has diversified in recent years into the video game industry with the Xbox, the Xbox 360, the Xbox One, and the Xbox Series X as well as into the consumer electronics and digital services market with Zune, MSN and the Windows Phone OS.