Microsoft is killing it in all businesses except for one


 
 
09:04 07/18/2019











Original Article.



Microsoft Corp. just demonstrated why it is the most valuable U.S. company by showing off growth across more than a dozen different businesses within the tech giant. All except for one, basically.



The tech giant reported a better than expected fiscal fourth quarter Thursday, and the forecast for the coming year suggested continuing strength. Microsoft MSFT  beat on earnings, even excluding a tax benefit of $2.6 billion, or 34 cents a share, for transferring some of its intangible properties to Ireland, and shares added 2.7% to its market-leading $1.045 trillion market cap in the extended session.



For more on this story from MarketWatch.com, click here.








This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
Most Read