By CCN: In case you missed it, Microsoft is now a $1 trillion company. The tech giant’s better-than-anticipated third-quarter earnings sent the stock soaring over the top, catapulting the 44-year old company into the coveted $1 trillion-club that counts Jeff Bezos’ Amazon among its members. Microsoft didn’t get there overnight – a then 30-year-old Bill Gates brought the company public in 1986 (a decade before Amazon) at $21 per share, raising $61 million. That price was higher than Gates sought. Oddly enough, he shied away from a valuation of more than half-a-billion dollars in favor of something more conservative. Hate
The post Microsoft’s Stunning 44-Year Journey from MS-DOS to the $1 Trillion Club appeared first on CCN
source https://www.ccn.com/microsofts-stunning-road-to-becoming-a-member-of-the-1-trillion-club
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