Microsoft joins Apple and joins the ‘2 billion club’

As has happened with Apple, Microsoft, in a way, has benefited from the pandemic, since the rise of telecommuting it has been a boost in the sales of the company’s products and services. In particular, there is talk of an increase in sales in its range of convertibles and laptops, the Microsoft Surface.

In addition, we must not forget the presence of the Xbox in the company’s catalog, and the arrival of the new Xbox Series X, together with the last generation Xbox One, has led to an increase in sales at a time when people are more reluctant to go out, and home has become an entertainment center in which a console can be the best tool to make time go by faster.

As reported CNET, the company’s shares rose 1.1% to $ 265.51, which gives the company a market capitalization of $ 2 trillion, something that has occurred just a year after the company exceeded a trillion dollars of capitalization,

With this, the company approaches Apple, which reached the same mark in August 2020, and which currently has a market capitalization of $ 2.23 trillion.

In April, Microsoft reported third-quarter 2020 earnings of $ 14.8 billion, 38% more than in the same period last year, which reflects quite clearly the positive impact —Only economically— that the pandemic has had for Bill Gates’s company.

Logically, market fluctuations can cause these values ​​to change, so it can be a temporary value.

What is clear is that Microsoft has acted intelligently, and like other large technology companies, has managed to grow during the pandemic thanks to its products and services, overcoming difficulties and taking advantage of a situation from which it is difficult to benefit, which is a compliment to the strategic direction of the company.

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