Friday, January 27, 2017

Capitalization of Microsoft rose to a 17-year high – Lenta.ru

Shares of Microsoft Corp. in the course of trading Friday, January 27, rose 2.5 percent, making the company’s capitalization reached its maximum during the last 17 years, surpassing the mark of 500 billion dollars. This resource tells Geekwire.

the Reason of growth of cost of securities giant to the level 65,85 per share was published the day before reporting for the last quarter of 2016, which was better than analysts ‘ forecasts.

the Adjusted profit of the company following the results of October-December amounted to 84 cents a share on revenue of 25.8 billion dollars. Analysts on average had forecast profit at 79 cents a share, revenue of $ 25.3 billion.

At present, Apple’s capitalization, the most expensive companies in the world, estimated at 650 billion dollars, Google (parent company Google) — 590 billion dollars, Microsoft is in third place. The five most expensive also include the investment company of Warren Buffett’s Berkshire Hathaway (408 billion dollars) and Amazon (about $ 400 billion).

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