Microsoft Corporation (NASDAQ:MSFT) on course to regain lost glory


Microsoft Corporation (NASDAQ:MSFT) is regaining its groove. After having a long run of domination, it was out casted by the investors, when new companies began to join the market. The new businesses weren’t generating enough money; nothing was going right for Microsoft Corporation (NASDAQ:MSFT). But the tides have changed now and that too without any major tricks. Microsoft Corporation (NASDAQ:MSFT) is inching closer to its highest market share price in a decade and the ironic thing is that it isn’t because of any of its major projects.

Microsoft Corporation (NASDAQ:MSFT) stood at $46.97 per share, as compared to the 52 week high of $47.57. Microsoft Corporation (NASDAQ:MSFT) owes this surge to the rise of NASDAQ and healthy revenue in recent times. Microsoft Corporation (NASDAQ:MSFT) has also its ex CEO, Steve Balmer, to thank for this success as he was the one who initiated all those projects which are bearing fruit for Microsoft Corporation (NASDAQ:MSFT). All those businesses that have shown promise, gave out good results and made money for Microsoft Corporation (NASDAQ:MSFT) were started by Balmer.

Among the leading profit making ventures of Microsoft Corporation (NASDAQ:MSFT), Nokia made 11% of the total revenue for the company. Nokia was acquired by Microsoft Corporation (NASDAQ:MSFT) in 2013, when the ex CEO Steve Ballmer was pulling the strings. Nokia wasn’t even included in last quarter’s earnings. Since then Nokia has accumulated a lot of money for Microsoft Corporation (NASDAQ:MSFT).

Office 365, another one of Microsoft Corporation (NASDAQ:MSFT)’s segment, brought in more than 7 million home and personal subscribers, accounting for 25 percent growth from the previous quarter. Xbox is also a veteran business of Microsoft Corporation (NASDAQ:MSFT), which started in 2001. Xbox made 2.4 million sales this quarter, growing by a mammoth 102 percent while Xbox One launched in 28 new markets, promising further prospects and rise in sales. Xbox was released when Sony PlayStation was ruling the market. The idea was discouraged in the beginning, but since then Xbox has stood toe to toe with PlayStation.

The reasons for the ex CEO’s redundancy are numerous, but according to press, he was handed the pink slip because of ‘’lack of motivation’’ and the inability of the company to come up with new software and hardware programs, under his leadership. But as the story goes, Microsoft Corporation (NASDAQ:MSFT) is still making money and running high on his inventory.

Other successful businesses include the Surface tablet which brought $908 million in revenue, while Azure powered up the commercial cloud revenue by 128 percent, along with Office 365 and dynamics CRM.

It’s almost a miracle run for Microsoft Corporation (NASDAQ:MSFT) as these days the market doesn’t spare veterans that have grown old and tired. But Microsoft Corporation (NASDAQ:MSFT) has still got a few tricks up its sleeve to stay in the market and post good earnings rather than merely survive. The company’s impressive revenue figures are not the work of its newer innovations. They are generated from older developments that have pulled in massive customer population.