Capital Market: Microsoft Will Soon Be worth $1trillion
Since Microsoft has shifted the focus of consumer products to money-making services such as Azure and Office 365, the company has become a money-making machine. Under the leadership of Satya Nadella, the company has achieved impressive growth in the past fiscal year and is likely to continue to perform well.
Microsoft has become a $1 trillion financial machine because of the growth it has achieved in the last financial years. By late 2019 or early 2020, Microsoft will be $1 trillion (capital market), this is the result of impressive performance.
Recommended Read: Microsoft Announces Upcoming Features for Yammer Mobile App
The figures were calculated by analyst Richard Davis of Canaccord, who says “If you think, as we do, it is reasonable to expect Microsoft to increase between 10-20% per annum for the next five years, you can get the Big T as early as Calendar Q4 2019, or more like sometime in early 2020. ”
The analyst expects Microsoft to increase its capital market with the help of Office 365 that will play a bigger role in total revenue. Microsoft’s cloud services and CRM will perform well despite the competition. Microsoft can become the first technology company to reach $ 1 trillion value of the capital market but only if Apple fails.
Analysts had expected Apple to reach $1 trillion as early as this year but it seems that this will not happen until 2019 despite the launch of the iPhone X where revenue was below expectations. David is not the only search to predict the value of Microsoft, Evercore last year estimated that Microsoft’s capital market will reach $1 trillion. With that saying, if the same growth continues Microsoft will reach $1 trillion market value, credit goes to enterprise services.
Featured Image: PCWorld.com