The Re-Rise Of Microsoft

Once, #Microsoft Corporation(NASDAQ:MSFT) was the shining star of the technology universe. Its Windows and Office products were installed in almost every PC around the world, boosting the company’s top and bottom lines, and rewarding investors who held on to its stock. Then came the legal challenges and the competition from #Apple, #Google and the like to halt the company’s growth. And a few unsuccessful forays into new business that cost the company a great deal of money and scared investors away from its stock, which dipped to $18 in 2008, down from close to $60 in 1999.

Now Microsoft is shining again, as evident by a series of strong financial reports, including one last week for the quarter ended September 30, 2016:

         Revenue was $20.5 billion GAAP, and $22.3 billion non-GAAP

http://www.forbes.com/sites/panosmourdoukoutas/2016/10/23/the-re-rise-of-microsoft/#40ae39fe351a