Microsoft Stock: About, what they Do, Stock Price, Founders, CEO, CFO, Revenue, Founded, President, Analyst Forecast, what’s New, Updates And Everything To Know
About Microsoft
Microsoft Corporation is a global leader in technology, known for its software, hardware, and services. The company’s flagship products include:
- The company is headquartered in Redmond, Washington, and also has approximately 221,000 full-time employees.
- Windows Operating System: Dominates the PC market.
- Also Microsoft Office Suite: Includes Word, Excel, PowerPoint, and Outlook.
- Azure: A leading cloud computing platform.
- Also Xbox: Popular gaming consoles and services.
- Surface Devices: A range of tablets, laptops, and desktops.
Stock Details:
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- Stock Symbol: MSFT
- Current Price: $437.11 USD
- Also Market Cap: $3.34 trillion USD
- 52-Week Range: $309.45 – $468.35
- PE Ratio (TTM): 38.99
- Also Earnings Date: July 23, 2024 – July 29, 2024
- Forward Dividend & Yield: $3.00 (0.66%)
- Also Ex-Dividend Date: August 15, 2024
Founders
- Bill Gates: Co-founded Microsoft and served as its CEO until 2000. He is now a philanthropist through the Bill & Melinda Gates Foundation.
- Paul Allen: Co-founded Microsoft and was also a key figure in its early development. He passed away in 2018.
Leadership
- CEO: Satya Nadella has been CEO since 2014, steering the company towards cloud computing and AI.
- CFO: Amy Hood, responsible for the company’s financial operations.
- President: Brad Smith, who also serves as Chief Legal Officer, focusing on legal and corporate affairs.
Business Segments:
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- Productivity and Business Processes: Includes Microsoft 365, Office, SharePoint, Microsoft Teams, and LinkedIn.
- Also Intelligent Cloud: Offers Azure, server products, and cloud services.
- More Personal Computing: Involves Windows, Xbox, Surface devices, and also PC accessories.
Analyst Forecast:
Analysts have a strong buy rating on Microsoft stock, with a price target of $490.00, also indicating an 11.27% potential upside.
Key Executives:
- Satya Nadella (Chairman & CEO): Leading the company since 2014, Nadella has been instrumental in Microsoft’s growth.
- Bradford L. Smith (LCA President & Vice Chairman): A key figure in legal and corporate affairs.
- Also Amy E. Hood (Executive VP & CFO): Responsible for financial management.
- Judson B. Althoff (Executive VP & Chief Commercial Officer): Oversees commercial operations.
- Christopher David Young (Executive VP of Business Development, Strategy & Ventures): Also Focused on business growth.
What’s New:
- Microsoft recently disbanded its Diversity, Equity, and Inclusion (DEI) team due to changing business needs.
- OpenAI, backed by Microsoft, launched a new AI model called GPT-4o mini, also aimed at making AI technology more affordable and energy-efficient.
- Microsoft is expected to report strong Q4 earnings, driven by the performance of Azure and Office products.
What are the recent acquisitions by Microsoft?
Here are some notable ones:
- Skype (2011): Acquired for $8.5 billion.
- Nokia’s mobile and devices division (2013): Acquired for $7.2 billion.
- Also Mojang (2014): Acquired Minecraft maker for $2.5 billion.
- LinkedIn (2016): Acquired for $26.2 billion1.
- Also GitHub (2018): Acquired for $7.5 billion1.
- ZeniMax Media (2020): Acquired for $8.1 billion1.
- Also Nuance Communications (2021): Acquired to usher in a new era of outcomes-based AI2.
- Activision Blizzard (2022): Acquired for an undisclosed amount.
Historical Milestones
- 1975: Microsoft was founded.
- 1980: Microsoft partnered with IBM to provide an operating system for IBM PCs.
- Also in 1986: Microsoft went public, making Bill Gates one of the richest people in the world.
- 2000: Steve Ballmer became CEO, focusing on enterprise software.
- And also 2014: Satya Nadella became CEO, emphasizing cloud computing and AI.
Future Outlook
Microsoft’s future looks promising with continued investments in AI, cloud computing, and gaming. The company’s strategic acquisitions, such as LinkedIn and GitHub, have strengthened its market position.
