Microsoft’s market capitalization passed $1 trillion in 2019 after its stock rose alongside strong cloud-computing growth.
Microsoft crossed the $1 trillion mark during trading on April 25, 2019. Investors had responded positively to results showing continued expansion in Azure, Microsoft’s cloud-computing platform, as well as strength in Office and other commercial software.
Azure is part of Microsoft’s Intelligent Cloud segment, which also includes server products and enterprise services. The company’s shift toward recurring subscriptions and cloud services under chief executive Satya Nadella helped change how investors viewed Microsoft after years of slower growth in traditional personal-computer software.
Microsoft was founded by Bill Gates and Paul Allen in 1975. Its trillion-dollar milestone followed Apple’s 2018 achievement and showed how cloud computing had become central to the valuations of the world’s largest technology companies.