Microsoft has been at the heart of computing for half a century, becoming a tech stalwart almost taken for granted as lifestyles embraced the internet.
As the company, founded with a vision of putting computers in every home and office, celebrates its 50th anniversary today, it is looking to boost its fortunes by being a leader in the fast-developing field of artificial intelligence (AI).
“From a storytelling standpoint, they’ve been a boring company and a boring stock,” eMarketer analyst Jeremy Goldman said of the Richmond, Washington-based behemoth.
“It’s funny because they have a $2.9 trillion market cap, and that is huge,” he continued, referring to Microsoft’s value based on its share price.
The only company with a higher market cap is iPhone…