The $1 trillion club just got its third member: Microsoft Corporation
After Apple & Amazon, Microsoft is the new member in $1 trillion clubs. The US Software Giant hits this amazing mark on Thursday before it’s share prices fall back.
On Wednesday, Microsoft said their revenue rose 14% to $30.6 billion in the fourth quarter of the Financial Year. According to reports, their stock rises by 3 from the past year.
The Main credit shall be given to their cloud business & gaming business for this great milestone, Their software selling also raises revenue & it shall also be credited. Microsoft net profit surged to 19% higher than past years with an incredible effort by employees!
Under the leadership of Satya Nadella, The company has shown tremendous performance in last five years & their hard work pays off with this achievement. Satya Nadella vision for Microsoft multiple source revenues was the key to this achievement.
Also Read- Is Microsoft Windows 10 the last savior?
