The stock price of the software giant at $130 per share today, which is around a 4% increase from the $125 closing price yesterday. While the stock price is expected to fluctuate, Microsoft has already hit the $1 trillion market within the NASDAQ day trading hours today. The company’s current valuation also goes to show that Microsoft has again taken over Cupertino-based technology giant Apple as the world’s most valuable company. This comes after Microsoft briefly passed Apple in November. The software company’s latest earnings have revealed that the three main buckets in which Microsoft has split its businesses are doing well and are more or less contributing the same amount of revenue this quarter – around 30% each. Here’s a look at the revenue break up:
Office, Dynamics and LinkedIn = $10.2 billion Azure cloud, enterprise services and server products = $9.7 billion Windows, Surface and Xbox = $10.7 billion
We should mention that the $1 trillion valuation is something that investors would really care about, even if Microsoft does not. Speaking on this, Chris Capossela, Microsoft’s chief marketing officer had said last year, “This is a metric that nobody on the senior leadership team is tracking. Nobody is sitting around high-fiving when the stock hits some new high.” For the latest gadget and tech news, and gadget reviews, follow us on Twitter, Facebook and Instagram. For newest tech & gadget videos subscribe to our YouTube Channel. You can also stay up to date using the Gadget Bridge Android App.
