Stock giant expensive thanks to strong statements for the last finkvartal.
Capitalization Of Microsoft Corp. grew by 2.5% during trading on Friday for the first time since March 2000, surpassing the mark of 500 billion dollars.
Shares of the software giant’s expensive because of the strong statements in the last finkvartal.
Adjusted profit in October-December amounted to 84 cents a share on revenue of 25.8 billion dollars.
Both figures exceeded expectations, analysts on average had forecast profit at 79 cents a share, revenue of 25.3 billion dollars.
Capitalization of Apple, the most expensive companies in the world, estimated at 650 billion dollars, Alphabet (parent company Google) to 590 billion dollars, Microsoft ranked third.
The top five also includes the investment company of Warren Buffett’s Berkshire Hathaway (408 billion dollars.) and online retailer Amazon (almost $ 400 billion.).
Earlier it was reported that Microsoft is developing a new version of Windows 10 system, which is called the Cloud Shell.
© 2017, z-news.link. All rights reserved.