![]() ![]() “Apple and Microsoft have worked together to bring great Office productivity to Mac users from the very beginning. “We are excited to welcome Microsoft Office 365 to the all new Mac App Store in macOS Mojave,” says Phil Schiller, Apple’s senior vice president of worldwide marketing. The three segments last quarter generated close to $15 billion in revenue each.Apple welcomes Microsoft to the Mac App StoreĪpple also welcomed Microsoft’s addition to the Mac App Store today. Today, the company's three main segments center around productivity (including Microsoft Office and LinkedIn), cloud services (dominated by Azure) and personal computing (namely the Windows operating system, hardware and Xbox). Though it started as a simple software company, Microsoft released its first personal computer-running its own operating system-in 1981. The company has since grown to become the world's second-most valuable technology company, and it's minted four billionaires along the way-Gates and Allen alongside early employees Steve Ballmer and Charles Simonyi. Gates started Microsoft in 1975 out of his Harvard dorm room alongside childhood friend Paul Allen, who passed in 2018. Analysts expect the firm will post revenue of about $41 billion, 17% more than the same period a year ago and marking the company's second-best quarterly showing ever, behind only $43 billion in revenue during last year's fourth quarter. Microsoft is slated to report first-quarter earnings Tuesday after the market closes. "With workforces expected to have a heavy remote focus on the other side of a vaccine being deployed, we believe this disproportionally benefits the cloud stalwart out of Redmond." What To Watch For "In an environment in which Facebook, Amazon, Apple and Alphabet are up to their eyeballs in antitrust regulatory scrutiny, Microsoft-which has already lived through its regulatory trauma in the 1990s and early 2000s-now finds itself in an enviable position when its comes to expanding its cloud footprint," Wedbush analyst Dan Ives said in Friday note. ![]()
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