Corporate and cloud computing business gives Microsoft shares a record of more than 5 years
Source: Internet
Author: User
KeywordsMicrosoft share price cloud computing business to power recently
According to foreign http://www.aliyun.com/zixun/aggregation/31646.html "> Media reports, in the Tuesday regular trading, Microsoft shares rose 0.49 U.S. dollars, a gain of 1.5%, closed in 33.1 U.S. dollars, a record of more than 5 years.
For most of the past 10 years, Microsoft's share price has been quite weak. Investors think Microsoft's growth opportunities are limited, especially as rivals such as Apple and Google are booming in the consumer technology market.
The latest rally has benefited from Microsoft's advantages in corporate software and cloud computing services. Microsoft April 18 issued a robust third-quarter earnings, mainly because of strong business.
Microsoft Office 365 Office software services are growing strongly. Microsoft recently said Azure cloud computing services had a revenue of more than 1 billion dollars a year. ValueAct, an investment firm, disclosed last week that it had bought 1.9 billion of billions of dollars of Microsoft shares because of its bullish outlook on cloud computing business.
Microsoft's performance did not follow the PC market and helped push its share price rebound.
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