After Satya Nadella took command of the tech giant Microsoft, there were several structuring carried out on the American giant. According to the latest reports, the tech giant Microsoft surpassed the tech giant Google (Alphabet) for the first time in three years, in the market assessment as reported by CNBC.
WoW! Microsoft Is Now More Valuable Than Google
After Satya Nadella took command of the tech giant Microsoft, there were several structuring carried out on the American giant. Sectors that cost thousands of jobs were adjusted, offers were restructured to the market, where products such as Windows Mobile fell, and a modern philosophy of technological growth was born. Hence, now we are seeing the fruits of this management.
After several years of “tidying up”, the tech giant Microsoft is now the third most valuable company behind the tech giant Apple and the giant e-commerce website Amazon.
The tech giant Microsoft surpassed the tech giant Google (Alphabet) for the first time in three years, in the market assessment as reported by CNBC.
The company’s Windows and Office is valued at $753 billion, while Alphabet (Google’s parent company) is valued at $739 billion. This makes the tech giant Microsoft the third most valuable company in the world behind Apple and Amazon.
This jump may be only temporary, but it does show that the company continues to chase the market since it was overtaken by Google in 2012. History tells us that the two have traded positions several times in recent years. Still, it shows how much the tech giant Microsoft has improved share prices in the last five years since former CEO Steve Ballmer announced his plans to step down as CEO of the tech giant Microsoft.
The tech giant Microsoft’s share price has more than doubled since CEO Satya Nadella took office four years ago. Nadella has reordered Microsoft for multiplatform technologies, for the cloud, artificial intelligence and wants to secure the future of quantum computing and mixed-mode devices.
Nadella eliminated Microsoft’s failed efforts with Windows Phone/Mobile and the company no longer guides itself as having Windows at the centre of everything it offers.
Although the tech giant Microsoft still lags behind Apple’s $923 billion market valuation and Amazon’s $782 billion market capitalization, it has a diverse range of revenue-generating businesses.
The tech giant Google generates about 90 percent of its advertising revenue, and iPhone accounts for about 60 percent of Apple’s total revenue. In the latest quarter of Microsoft, its Windows, Surface and gaming divisions accounted for approximately 35% of revenue, with the cloud occupying about 30%, Office and productivity more than 30%.
The tech giant Microsoft may be facing questions about its relevance to consumers, but the stock price is close to spending $100 per share. Some analysts believe that the company’s cloud business may double in the coming years to help the company reach a market value of $1 billion.
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