This is a very good thing for the NASDAQ and overall markets. The last time Softee was at these levels was the peak of my trading career at the end of the gogo 90's. I own a Surface Pro and will definitely be looking forward to the launch of the PRO 5. Their earnings had a size-able beat due to the continued loyalty by big business to their office suite, and developing cloud business.
Pre market range $60.11 to 60.48. Last night ALL TIME HIGHS of $60.75 look to be taken
Disclosure: Long $MSFT
Microsoft results point to 'successful' mobile cloud strategy, says Oppenheimer
Following another "strong" quarter, Oppenheimer analyst Timothy Horan says Microsoft's results point to a "successful" mobile cloud strategy which is set to overlay artificial intelligence and may become a dominant full service cloud/communication service for enterprises. Further, the analyst believes multiple recent partnerships and customer wins as well as the pending release of SQL for Linux in the cloud should help drive solid growth over the next few years. He reiterates an Outperform rating and $62 price target on the shares.