Microsoft is doing great. At a spry 43-years-old, the company has picked up momentum in the market. Microsoft’s market capitalization gained about 40% over the last year, buoyed by its successful software subscriptions business and cloud computing growth.
Microsoft $MSFT is doing great. At a spry 43-years-old, the company has picked up momentum in the market. Microsoft’s market capitalization gained about 40% over the last year, buoyed by its successful software subscriptions business and cloud computing growth.
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The two companies’ market caps first crossed paths in 2012 when Google originally overtook Microsoft, and then again for a brief stint in October 2014.
Microsoft’s recent success can be traced back to areas where the company is growing: subscription services like Office 365 and its burgeoning cloud business. Earlier this year, CEO Satya Nadella reorganized the company into two main sectors, “Experience & Devices” and “Cloud + AI Platform” in order to focus on high-growth parts of the business.
