Microsoft’s (MSFT) stellar first-quarter fiscal 2022 (Q1F22) results buoyed up the company’s market capitalization to $2.43 trillion, threatening to replace Apple (AAPL) as the most valuable company in the world (per data from Refinitiv). Strong adoption of its Azure cloud offerings fueled Microsoft’s top-line growth, driven by the onboarding of mission critical workloads like ERP instances & analytics onto the Azure platform. The Teams app, Power Platform, LinkedIn business and Gaming segments showed continued traction, providing more tailwinds. Impressive expansion in operating margin, strong cash flows, and a meaningful net-cash position on the balance sheet were other confidence boosters.
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Microsoft (NASDAQ:MSFT)
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