{"id":48974,"date":"2019-04-28T12:00:07","date_gmt":"2019-04-28T11:00:07","guid":{"rendered":"https:\/\/english.thesunrisetoday.com\/?p=48974"},"modified":"2019-04-28T12:00:07","modified_gmt":"2019-04-28T11:00:07","slug":"microsoft-tops-trillion-dollar-mark-for-first-time","status":"publish","type":"post","link":"https:\/\/english.thesunrisetoday.com\/index.php\/microsoft-tops-trillion-dollar-mark-for-first-time\/","title":{"rendered":"Microsoft tops trillion dollar mark for first time"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" class=\"alignleft  wp-image-48975\" src=\"https:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2019\/04\/Microsoft.jpg\" alt=\"\" width=\"801\" height=\"533\" \/>Microsoft hit the trillion-dollar value mark Thursday for the first time, becoming the third technology giant to reach the symbolic milestone. Shares in Microsoft rallied some five percent to $130.59 in early Wall Street trade after a robust earnings report a day earlier. That gave Microsoft a market capitalization of just over $1 trillion, before dipping back slightly. At its current levels, Microsoft is the world&#8217;s most valuable company, ahead of Apple and Amazon, which last year topped $1 trillion before slipping back.<\/p>\n<p style=\"text-align: justify;\">On Wednesday, Microsoft said profits in the quarter to March 31 rose 19 percent to $8.8 billion on revenues of $30.8 billion, an increase of 14 percent from the same period a year earlier. The results were driven by growth in cloud computing and business services, the new focus for Microsoft after a long run as a leader in consumer software.<\/p>\n<p style=\"text-align: justify;\">&#8220;This quarter was an absolute &#8216;blow out quarter&#8217; across the board with no blemishes and in our opinion speaks to an inflection point in deal flow as more enterprises pick (Microsoft) for the cloud,&#8221; said Daniel Ives of Wedbush Securities.<\/p>\n<p style=\"text-align: justify;\">&#8220;While the stock has been very strong and a trillion dollar market cap is now reached, we believe the cloud party is just getting started in Redmond.&#8221;<\/p>\n<div id=\"fb-root\"><\/div>\r\n<script>(function(d, s, id) {\r\n  var js, fjs = d.getElementsByTagName(s)[0];\r\n  if (d.getElementById(id)) return;\r\n  js = d.createElement(s); js.id = id;\r\n  js.src = \"\/\/connect.facebook.net\/en_GB\/all.js#xfbml=1\";\r\n  fjs.parentNode.insertBefore(js, fjs);\r\n}(document, \"script\", \"facebook-jssdk\"));<\/script>\r\n <fb:comments href=\"https:\/\/english.thesunrisetoday.com\/index.php\/microsoft-tops-trillion-dollar-mark-for-first-time\/\" font=\"arial\" num_posts=\"\" width=\"\" height=\"\" colorscheme=\"light\"  style=\"background:#FFFFFF;padding-top:0px;\r\npadding-right:0px;\r\npadding-bottom:0px;\r\npadding-left:0px;\r\nmargin-top:0px;\r\nmargin-right:0px;\r\nmargin-bottom:0px;\r\nmargin-left:0px;\r\n\"><\/fb:comments>","protected":false},"excerpt":{"rendered":"<p>Microsoft hit the trillion-dollar value mark Thursday for the first time, becoming the third technology giant to reach the symbolic milestone. Shares in Microsoft rallied some five percent to $130.59 in early Wall Street trade after a robust earnings report a day earlier. That gave Microsoft a market capitalization of just over $1 trillion, before &hellip;<\/p>\n","protected":false},"author":1,"featured_media":48975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/48974"}],"collection":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=48974"}],"version-history":[{"count":1,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/48974\/revisions"}],"predecessor-version":[{"id":48976,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/48974\/revisions\/48976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media\/48975"}],"wp:attachment":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=48974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=48974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=48974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}