Microsoft tops trillion-dollar mark for first time

phys.org | 11/26/2018 | Staff
dewbydewby (Posted by) Level 4
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Microsoft hit the trillion-dollar value mark Thursday for the first time, becoming the third technology giant to reach the symbolic milestone.

Shares in Microsoft rallied some five percent to $130.59 in early Wall Street trade after a robust earnings report a day earlier.

Microsoft - Market - Capitalization

That gave Microsoft a market capitalization of just over $1 trillion, before dipping back slightly.

At its current levels, Microsoft is the world's most valuable company, ahead of Apple and Amazon, which last year topped $1 trillion before slipping back.

Wednesday - Microsoft - Profits - Quarter - March

On Wednesday, Microsoft said profits in the quarter to March 31 rose 19 percent to $8.8 billion on revenues of $30.8 billion, an...
(Excerpt) Read more at: phys.org
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