“Microsoft’s market capitalization exceeded $600 billion for the first time in 17 years

The increase in the cost tells about the revival of Microsoft in the Wake of her success in the field of cloud computing, experts say

– The market value of Microsoft Corp., the developer of the leading software at the end of trading on Thursday exceeded $600 billion for the first time since the dotcom era, according to data from FactSet.

The last time the American company was estimated by the market in the same amount on 3 January 2000.

Stock quotes Microsoft on Thursday rose by 0.4% and reached a record $77,91. Since the beginning of this year the price increased by 25.4%, which may be the best annual rise since 2013, says Dow Jones.

The increase in the cost tells about the revival of Microsoft in the Wake of her success in the field of cloud computing, experts say.

Among the companies whose shares are included in the calculation of the stock index Standard & Poor’s 500, Microsoft occupies the third position in the capitalization since Apple Inc. ($800 billion) and Google Inc. (about $690 billion).

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