Software giant Microsoft (MSFT) has earned plaudits for its successful pivot from desktop computing to cloud computing. And MSFT stock has risen as a result. But after a recent pullback, many investors may be wondering: Is Microsoft stock a buy right now?
Bill Gates and Paul Allen started Microsoft in 1975 at the dawn of the personal computer era to make PC operating system software. The company’s Windows operating system came to dominate the PC landscape. Microsoft expanded over the years into productivity software, server software, internet services, video games, and PC hardware and accessories.
Current Chief Executive Satya Nadella took the reins of the Redmond, Wash.-based company in 2014 and led Microsoft full steam into cloud computing.
The company’s cloud offerings today include Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software. Microsoft also owns LinkedIn, Skype and GitHub.
MSFT Stock News: Metaverse Advances
Microsoft lately has been promoting the metaverse, an immersive, next-generation version of the internet. It currently makes HoloLens mixed-reality headsets for remote collaboration.
At Microsoft’s Ignite 2021 online event on Nov. 2, Microsoft showed off its latest innovations for the corporate metaverse. They include Dynamics 365 Connected Spaces and Mesh for Microsoft Teams. Microsoft stock rose 1.1% after the announcements.
At CES 2022, chipmaker Qualcomm (QCOM) announced a partnership with Microsoft to develop lightweight augmented-reality glasses.
On Jan. 18, Microsoft announced a deal to buy video game publisher Activision Blizzard (ATVI) for $68.7 billion in cash. Microsoft said the Activision purchase will accelerate the growth of its gaming business and provide building blocks for the metaverse. But Microsoft stock fell 2.4% on the news.
Windows 11 Release, Nuance Acquisition
On Oct. 5, Microsoft released its Windows 11 personal computer operating system. Windows 11 features a refreshed design with a new user interface and Start menu. It also provides PC performance improvements…