Charting Microsoft's Rise From the Early Days of Computers to Cloud Domination
Microsoft (MSFT) - Get Report reported earnings after the bell. The stock was down over 5% today, but seems to be rebounding after a strong earnings beat.
EPS came in at $1.14 verse estimates of 96 cents. Revenue was $29.08B vs. $27.90B.
Will the current market sell-off, which is hitting tech especially hard, hinder its path to a trillion dollar market cap? Check out what Real Money's Stephen "Sarge" Guilfoyle's strategy is on Microsoft.
While everybody knows Microsoft today as the computer giant behind the Windows Operating system, Microsoft Computers, Xbox and the Azure Cloud, how much do you know about the rise of the computer giant?
The company was founded in 1978 by Bill Gates and the late Paul Allen to develop and sell BASIC interpreters for the Altair 8800.
In 1981 the Microsoft Disk Operating System was released with the IBM (IBM) - Get Report PC.
In 1996 Explorer was bundled with the Windows Operating system, which would eventually lead to a judge ruling that it had created an illegal monopoly in 1999.
The company was hit hard after the dot-com bubble and had to deal with the rise of Apple and other tech competitors. But over the last few years it has remerged as one of the true tech giants, thanks to its revamp of the Windows OS, its surface laptops and Azure, which along with Amazon's (AMZN) - Get Report AWS is the top cloud service on the market.
The Stock has reacted accordingly and has seen significant growth over the last few years.
Check out the video above for more info on how Microsoft grew to be what it is today and for some fun facts about the company.
Microsoft is a holding in Jim Cramer's Action Alerts Plus portfolio. Check out Jim's latest moves here.
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