Microsoft is what type of business

A surge in Microsoft Corp's shares nearly unseated Apple Inc as the world's most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results. Microsoft Corp on Tuesday forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog key units such as those producing its Surface laptops and Xbox gaming consoles.

Microsoft Corp beat Wall Street expectations for quarterly revenue on Tuesday, as demand soared for the software giant's cloud-based services from businesses adopting hybrid work models. Tesla Inc on Monday breached a trillion dollars in market capitalization, the fifth U. The Russian-based agency behind last year's massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes. Latest Trade Change 4. Volume 23,, Today's Range Pricing Previous Close.

Today's High. Today's Low. Shares Out MIL. Market Cap MIL. Latest Developments More. About Microsoft Corporation Microsoft Corporation is a technology company.

Key Stats 1. Redmond, Washington, USA. Major Brands. Employment Contact. Kathleen Holgan View more. About the Company. Employee Assistance Program. Gym membership reimbursment. Subsidized child care. Wellness seminars. X weeks' parental leave.

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I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Part Of. News Company News. Key Takeaways Microsoft sells computing devices, cloud systems and services, software, and other products to consumers and businesses. The company's Intelligent Cloud segment is the largest source of profit as well as the fastest-growing. The COVID pandemic has had positive impacts on certain aspects of Microsoft's business, including its cloud business and gaming platform.

Microsoft announced an increase to its quarterly dividend and a new share buyback program in mid-September. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.

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