Microsoft owns Windows and Azure and became the second company to reach a $3 trillion market capitalization.
Microsoft briefly passed the $3 trillion threshold during intraday trading on January 24, 2024. Its market value was propelled by strong demand for cloud computing through Azure, continued importance of Windows and Office, and investor enthusiasm about its artificial-intelligence strategy.
Founded in 1975, Microsoft first became famous for software used on personal computers. Its later transformation into a cloud and subscription business broadened its revenue base. Products such as Microsoft 365, LinkedIn, Xbox, and Azure now sit alongside Windows in the company’s portfolio.
The $3 trillion milestone refers to market capitalization, not the company’s annual sales or the amount of money held in its accounts. Microsoft’s stock-market value can move above or below the threshold as its share price changes.