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Microsoft shares have climbed more than 44 percent since the end of 2021. The software giant’s earnings results continue to be explicit in areas like cloud computing and personal computers.
FREMONT, CA: In its upcoming report, Microsoft ensures to surpass $50 billion in quarterly revenue for the first time. The company has done an incredible performance on the stock market with more than 44 percent share towards the end of this year. The software giant’s earnings results show a perpetual growth in areas like cloud computing and personal computers. Moreover, the year also appeared favourable to the company as it took away the title of the World’s Most Valuable Company from Apple in October.
This brings up the question as to how the company would perform, and the areas authorities would focus on, in 2022. Although Microsoft is known to the public as a Windows operating system, the company is likely to focus on data platforms and management offerings like the Microsoft Word program and its Xbox video game console. Microsoft has a 28 percent share of the market making it one of the best vendors for data management offerings. Based on the performance of the data platforms and databases like Azure on the growth of Microsoft, experts shift the focus of the company’s overall strategy. Following Microsoft comes Oracle with 22 percent of market share in data offerings and Amazon Web Services contributes 9 percent placing them in the second and third positions respectively. From 10 percent in 2017, the company has had a significant increase of about 12 percent of the company’s total data platform products and services. Experts believe that cloud revenue has contributed to the business growth of Microsoft as the cloud sales have increased from 3 percent to 7 percent. Microsoft maintains a firm stance in the data management market and its emphasis on improving their business around data could cement their position at the top. The experts are expecting Microsoft to be the frontrunner in the coming years.