Move over, Apple and Amazon: Microsoft, too, is worth more than $ 1 trillion

Back in last August, Apple became the first technology company to have a market value of more than 1

trillion dollars. And now Microsoft has joined the trillionaire club of insanely rich companies.

How many?

Microsoft shares rose immediately after the publicationquarterly report, which showed growth in all major business areas. Thus, income for the quarter amounted to $30.6 billion, which is 14% more than in the same period last year. Operating income: $10.3 billion (+25%), net income: $8.8 billion (+19%).

Today after trading opened the stock priceMicrosoft rose to $130, pushing its market capitalization past the $1 trillion mark. True, the price of the shares quickly decreased, but they still managed to set a record.

Who else

Now there are only three “those” in the clubtechnology companies: Apple, Amazon, which joined it over time, and now Microsoft. If we omit the adjective “technological,” in the list of those whose value was (albeit briefly) above a trillion dollars is the Chinese oil and gas company PetroChina Co. True, it is now estimated at 200 billion, but its former glory is still not forgotten. There is also the Saudi oil giant Saudi Aramco. Some experts estimate it at $2 trillion, but since it is a non-public company, there are no exact figures.