The Anatomy of Microsoft's Performance on the Stock Market
Microsoft: An Overview and Performance on the Stock Market
Microsoft Corporation is a global technology giant, with a brand synonymous with innovation and success. Microsoft’s mission is to empower every person and every organisation on the planet to achieve more. It offers a wide range of product solutions from enterprise servers, to the Xbox gaming console. It also provides a suite of office modules for productivity. Founded in 1975, Microsoft operates in over 100 countries, and as of 2020 had annual revenues of $143.1 billion.
The Microsoft Stock Market Performance
Microsoft is one of the most successful companies on the stock market and has a strong track record of growth and performance. Microsoft’s stock is revered as an indicator of the tech industry and its share price has been highly regarded since its initial public offering in March 1986. Microsoft’s current market capitalisation is over $1.7 trillion.
Past Performance
Microsoft’s stock performance over the years has been outstanding. From its IPO in 1986, Microsoft’s share price has grown consistently, with only brief declines. In its first decade, Microsoft’s stock rose steadily from about $21 in 1986 to just over $145 in 1995. From there, Microsoft’s stock price then proceeded to soar to a record high of $153 in 1999.
Recent Performance
After the technology crash in 2000, Microsoft’s stock fell back to around $30. Since then, the stock has again seen a steady climb back up and in 2019, the stock price began to steadily increase and reached $140, only to break the record set in 1999 due to positive customer sentiment around Microsoft’s shift towards cloud computing.
Future Prospects
Microsoft is focusing on providing a comprehensive suite of technologically advanced products and services. Microsoft is increasingly looking at artificial intelligence, virtual reality, and other technology as ways to both expand its customer base and increase its returns on investment. As Microsoft pushes its offering into new product categories, the stock price could be expected to continue to gain in value.
Conclusion
Microsoft has a stellar track record on the stock market. With a focus on innovation and customer satisfaction, Microsoft is well positioned to maintain its impressive performance as a stock market leader. Shareholders will no doubt benefit from the company’s forward thinking strategies.