Washington: Microsoft became only the second US company since Thursday Apple To reach $2 trillion valuation, sticking another feather in the cap of its Indian-American CEO Satya Nadella He was appointed president of the company last week – only the second in its history after Bill Gates.
The Seattle giant joined the elite club — of which the third and only other member is Saudi Aramco — even as it unveiled its updated Windows 11 operating system, which was steadily driving up technology stocks. Microsoft is behind heroine and Google (both with a market cap of $1.7 trillion) in the trillion dollar club, and its astonishing growth is largely attributed to Nadella’s vision when he took over in 2014 when the company was considered doomed for several quarters.
Microsoft was valued at less than $400 billion when Nadella became CEO in 2014, and its five-fold growth has been driven by venturing into new areas such as cloud computing and machine learning. While it took 33 years for Microsoft to reach its first $1 trillion in 2019, more than double the time Nadella became head, the next trillion took Microsoft only two years.
To put its growth in perspective, its current valuation is 2/3 of the combined market capitalization (currently $3 trillion) of all Indian companies. The company has gained 20 percent this year alone, outperforming Apple and Amazon, and declaring market maven Nadella as the #1 CEO in America. CEOworld Magazine He was ranked second in 2020 behind JPMorgan Chase’s Jamie Dimon. wall street journal He was referred to as the “King of Microsoft”.
Low-key and soft-spoken, Hyderabad-born Nadella, who did his engineering from Manipal Institute of Technology, is a poetry and cricket enthusiast who highlights his achievements while speaking in philosophical undertones, including, according to one account, his recent Pointing to Schopenhauer in a Windows 11 presentation.
When asked in a recent interview about his decision-making structure, he said, “It starts with the mission, it ends with the culture, and in between [there is] What is our worldview, what is our strategy. I think of things that are constant as a sense of purpose and mission and culture, and things that are temporary as worldviews and strategies.”
But under his leadership, Microsoft has moved beyond its core business and is seen as one of the high profile companies like Amazon (in cloud computing). It is now challenging Apple with its upgraded Windows 11, its first major operating system improvement since Nadella took over.
“Windows has always stood for sovereignty to the manufacturer and agency to consumers, and with Windows 11 we have a whole new sense of Windows’ role in the world,” Nadella tweeted Thursday, adding analysts added a bow to Apple. Seen as shot. Which has been critical of the way it treats developers.
The Seattle giant joined the elite club — of which the third and only other member is Saudi Aramco — even as it unveiled its updated Windows 11 operating system, which was steadily driving up technology stocks. Microsoft is behind heroine and Google (both with a market cap of $1.7 trillion) in the trillion dollar club, and its astonishing growth is largely attributed to Nadella’s vision when he took over in 2014 when the company was considered doomed for several quarters.
Microsoft was valued at less than $400 billion when Nadella became CEO in 2014, and its five-fold growth has been driven by venturing into new areas such as cloud computing and machine learning. While it took 33 years for Microsoft to reach its first $1 trillion in 2019, more than double the time Nadella became head, the next trillion took Microsoft only two years.
To put its growth in perspective, its current valuation is 2/3 of the combined market capitalization (currently $3 trillion) of all Indian companies. The company has gained 20 percent this year alone, outperforming Apple and Amazon, and declaring market maven Nadella as the #1 CEO in America. CEOworld Magazine He was ranked second in 2020 behind JPMorgan Chase’s Jamie Dimon. wall street journal He was referred to as the “King of Microsoft”.
Low-key and soft-spoken, Hyderabad-born Nadella, who did his engineering from Manipal Institute of Technology, is a poetry and cricket enthusiast who highlights his achievements while speaking in philosophical undertones, including, according to one account, his recent Pointing to Schopenhauer in a Windows 11 presentation.
When asked in a recent interview about his decision-making structure, he said, “It starts with the mission, it ends with the culture, and in between [there is] What is our worldview, what is our strategy. I think of things that are constant as a sense of purpose and mission and culture, and things that are temporary as worldviews and strategies.”
But under his leadership, Microsoft has moved beyond its core business and is seen as one of the high profile companies like Amazon (in cloud computing). It is now challenging Apple with its upgraded Windows 11, its first major operating system improvement since Nadella took over.
“Windows has always stood for sovereignty to the manufacturer and agency to consumers, and with Windows 11 we have a whole new sense of Windows’ role in the world,” Nadella tweeted Thursday, adding analysts added a bow to Apple. Seen as shot. Which has been critical of the way it treats developers.
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