Microsoft Became A Trillion Dollar Company Thanks To Azure

Analysts are pleased with Microsoft’s platform strategy. According to Wedbush’s Daniel Ives, Microsoft’s “cloud party is just getting started”. They also believe that growth in the scale of the cloud business will also drive higher margins in the years to come.

Microsoft’s stock is currently trading at $129.89 with a market capitalization of $996.5 billion. It had climbed to an all-time high of $131.37 soon after result announcement. The stock was trading at a year low of $92.45 nearly a year ago.

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