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- Aug 17, 2014
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Microsoft's market value surpassed $3 trillion for the first time, becoming only the second company to reach that after Apple. The software giant's stock climbed more than 1.5% to $403.95 per share, bringing its total valuation to $3.004 trillion based on current share counts.
This achievement caps Microsoft's turnaround over the past decade, led by CEO Satya Nadella's cloud-first vision. Since Nadella took over in 2014, Microsoft has expanded its infrastructure and productivity tools like Azure, Office 365 and Dynamics 365 to tap into strong demand from businesses migrating to the cloud.