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Microsoft is now 1'000'000'000'000 dollars worth

Microsoft has catapulted with a convincing quarter of its stock market value, for the first time over a trillion dollars. In order for the software giant to ou

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Microsoft is now 1'000'000'000'000 dollars worth

Microsoft has catapulted with a convincing quarter of its stock market value, for the first time over a trillion dollars. In order for the software giant to outperform on Wednesday by the Apple group. In after-hours trading, Microsoft shares rose by 4.6 percent. The market capitalization thus increased to 1,002 trillion dollars.

Apple papers rose 0.4 percent, the stock market value amounted to 980 billion dollars. The iPhone-manufacturer was the first US company to reach the trillion mark. That was in August of last year. Since then, the share of Apple due to weak iPhone has lost sales. The trillion mark reached in the last year, Amazon.

In the last quarter, Microsoft benefited from a thriving Cloud business. Consolidated sales rose in comparison to the same period last year by 14 percent to 30,57 billion dollars. (Reuters)

Created: 25.04.2019, 09:00 PM

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