How the Cloud Is Driving Microsoft Stock Higher
Microsoft (NASDAQ: MSFT) is the second-largest company in the world, with a market cap of $2.1 trillion. It's best known for its software products, such as the Windows operating system and Office 365 suite, which are used by billions of people worldwide.
But it takes operational diversity to build a company of this size. While Microsoft has earned its incredible brand recognition through its consumer-facing products and services, its largest segment by revenue also serves businesses.
That segment is cloud computing, and it's an industry that could be worth over $1.5 trillion annually by 2030. Here's how it's driving growth for Microsoft.
Source Fool.com
