Already at an all-time high, Microsoft’s stock price hit $70 today for the first time. One of the reasons Microsoft stocks are reaching higher values is Microsoft’s extensive services portfolio. Microsoft Office and Office 365 have attracted huge investment from Enterprise. Microsoft Azure Cloud Services, which is the second largest in the market behind Amazon, continues to grow and is one of the many reasons for Microsoft’s growth today.
Not only that Microsoft hardware like Surface, Xbox and Hololens devices has received favorable reviews and demand all over the world. Microsoft Surface, which was ranked first ahead of Apple’s iPad in overall consumer satisfaction according to JD Power’s US study, for the first time is doing well. Windows 10 which was initially free for a year and did not generate enough money for Microsoft. But after the free upgrade, the company’s new PCs that adopt Windows 10 are also helping Microsoft’s stock price rise.
Since Satya Nadella took off as CEO of Microsoft, the stock price has nearly doubled. Even though Microsoft lost its consumer space in the smartphone market due to its retrenchment strategy, it did not affect its inventory. Windows on ARM might be the only option Microsoft will use to get back into the smartphone space in the future.
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