Microsoft becomes third listed US firm to be valued at $1tn
by Angela Monaghan and Graeme Wearden from Technology | The Guardian on (#4DWVA)
Company beat sales and profit expectations to join Apple and Amazon in prestigious club
Microsoft has become the third publicly listed US company, after Apple and Amazon, to boast a market value of more than $1tn after bumper quarterly results boosted its share price.
The company beat sales and profits expectations in the three months to 31 March, thanks in part to its cloud computing business, which signed up major corporate clients over the period.
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