MICROSOFT ENTERS THE “TRILLIONAIRE COMPANY” CLUB WITH 1000 BILLION DOLLARS ON THE STOCK MARKET

Happiness is in the cloud. Microsoft is on a cloud and posted a sharp rise in the first quarter of 2019 and entered the very closed club of “trillionaire company” with a capitalization of more than 1000 billion dollars.

In the space of a few years, Satya Nadella, Microsoft’s CEO, has brought new life to the global software and services giant. He has multiplied acquisitions (Linkedin, Minecraft or Github) and embarked on a strategic shift in the cloud and open source. In fact, he even realized the feat of making Microsoft “cool” – which many thought was impossible.

As a result, the Redmond firm posted an iron health with revenues up 14% to $ 30.6 billion in the first quarter of 2019 for a net result of $ 8.8 billion (up 19%). A performance hailed by investors, the value of the company has briefly exceeded $ 1000 billion in the stock market, thus bringing Microsoft into the very closed club of “trillionaire company”.

Happiness is in the cloud

Revenue for the Productivity and Process division (Office / Dynamics 365) was $ 10.2 billion, up 14%. But it is the Intelligent Cloud (Azure) branch that is delivering the results, reaching $ 9.7 billion, an increase of 22%. Note that this division also includes the office suite Office 365, which sees its subscriptions increase significantly and the social network LinkedIn whose revenues jumped 27%. Even the “Personal Computing” division, which includes Surface and Windows products, is on a cloud with growth of 8%.

” Demand for our cloud computing offerings drove sales of commercial cloud computing to $ 9.6 billion this quarter, up 41 percent from last year, ” said Amy Hood, vice president of cloud computing. President and Chief Financial Officer of Microsoft.