After enjoying five weeks at the top spot, Microsoft has lost it to its cloud competitor and retail giant Amazon. As of closing of Monday
Late last year, Microsoft shook the stock market when it took the top spot as the most valuable company in the world surpassing Apple. Some credited it to the leadership of the CEO Satya Nadella, some said it is because of the cloud and enterprise focus of the company. while others credited the downfall of Apple.
But I for one came to the conclusion that, The investor faith has increased due to the multidimensional nature of its revenue source. From Cloud to Services to Hardware, Microsoft has a hand in every pie (Don’t forget Gaming) which is a stark contrast to Apple and it’s over-reliance on iPhone.
The competition is high. It seems Microsoft, Amazon