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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Furthering our investment in Africa: Microsoft opens first Africa Development Centre in Kenya and Nigeria

05/14/2019 | 08:18pm EST

It was almost three decades ago that Microsoft opened its first offices in Africa. In this time, we've witnessed incredible growth on the continent - more internet connectivity, more digital capability and more innovation. Africans have expanded the applications of technology, changing the way communities bank, farm and even access healthcare.

At Microsoft, we're very fortunate to have played a part in realising this potential, building strong partnerships to accelerate digital transformation and create sustained societal impact. A big milestone for this investment came earlier this year, as we opened Africa's first hyper-scale datacentres in South Africa, promoting business innovation in the cloud.

As the next step on our journey in Africa, and to better understand a continent rapidly adopting technology in the cloud, and at the edge, Microsoft today launched its first Africa Development Centre (ADC). With two initial sites in Nairobi, Kenya and Lagos, Nigeria, the ADC will serve as a premier centre of engineering for Microsoft, where world-class African talent can create solutions for local and global impact.

The ADC will be unlike any other existing investment on the continent. It will help us better listen to our customers, develop locally and scale for global impact. Beyond that, it's an opportunity to engage further with partners, academia, governments and developers - driving impact in sectors important to the continent, such as FinTech, AgriTech and OffGrid energy.

Phil Spencer, executive sponsor of the ADC and executive vice president at Microsoft

Disclaimer

Microsoft Corporation published this content on 14 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 May 2019 00:17:07 UTC


© Publicnow 2019
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 32,0x
Yield 2021 1,01%
Capitalization 1 635 B 1 635 B -
EV / Sales 2021 9,86x
EV / Sales 2022 8,81x
Nbr of Employees 163 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
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Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 216,21 $
Spread / Highest target 28,6%
Spread / Average Target 12,1%
Spread / Lowest Target -16,7%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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