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Microsoft only trails behind Apple as ‘Most Valuable US Company’
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Published onApril 19, 2018
published onApril 19, 2018
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In my opinion, the stock market is a lot like tarot reading, where a shuffling of vague data points results in even vaguer but loosely related predictions, but for whatever reason, the current industry climate has been the perfect nesting bed for Microsoft’s stock and what investors are predicting is its future value.
Earlier this week, Microsoft’s market value shot pass two of its staunchest rivals in Amazon (AWS) and Google (everything else), putting it in the runner-up position as the Most Valuable US company, just behind Apple’s juggernaut evaluation.
The news comes just two months after it had beenreported that Microsoft and Amazon were jostlingfor that coveted second position among the most valuable companies in the US.
According to the numbers, Microsoft’s market value has been placed at $728 billion, surpassing Amazon’s $709 billion, inching out $722 billion and still a distant second to Apple’s $890 billion.
Part of Microsoft’s recent surge comes at stock deflations that have befallen tech companies whose dealings in data collection cross their business models in rather ambiguous ways which are leading to mounting public backlash.
Over the last month, companies such as Facebook, Google, and Amazon have beenfacing mounting legal battles in courtrooms around the worldwhich are wreaking havoc on their stock prices as each company has either suffered stagnation or decline in the market due to the scrutinization of their business practices.
Fortunately, for Microsoft, the company has spent the latter part of three decades earning goodwill and trust regarding the collection and storage of sensitive data via its operating system Windows, its productivity software in Office, and using both those commodities to grow its presence in the cloud.
As Microsoft continues to seemingly shed its more consumer-facing endeavors and adheres to a further retrenchment into an enterprise-focused business the company should undoubtedly be rewarded with a steadily increasing market value as its competitors dance amongst the double edge sword of consumer adoption and individual privacy that’s as unpredictable as forecast during a tornado season.
Kareem Anderson
Networking & Security Specialist
Kareem is a journalist from the bay area, now living in Florida. His passion for technology and content creation drives are unmatched, driving him to create well-researched articles and incredible YouTube videos.
He is always on the lookout for everything new about Microsoft, focusing on making easy-to-understand content and breaking down complex topics related to networking, Azure, cloud computing, and security.
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Kareem Anderson
Networking & Security Specialist
He is a journalist from the bay area, now living in Florida. He breaks down complex topics related to networking, Azure, cloud computing, and security
