Microsoft Joins List Of Companies With A $1 Trillion Market Cap
This marks Microsoft’s entrance into an exclusive club with a membership requirement of $1 trillion or more in market capitalization, and it’s earned the title of the world’s most valuable company. As a result of better-than-expected earnings and revenue, shares of the software giant rose more than 4% in after-hours trading. A strong performance from […]
Microsoft Gaming Revenues Rise by 8%
According to Microsoft, overall revenues increased by 20% to $51.7 billion, its net income increased by 21% to $18.8 billion, and revenues for its other divisions also improved. Microsoft’s more personal computing segment, which includes OEM and commercial Windows revenues, search and news advertising, the Surface product line, and Xbox, reported revenue growth of 15% […]