U.S. Markets open in 7 hrs 18 mins

Jeff Auxier Comments on Microsoft

- By Holly LaFon

Microsoft (MSFT) has been very successful in their transition into the new age of computers. Personal computing now only makes up 33% of their revenue and that includes their Xbox, Surface and advertising revenues. LinkedIn now has over 575 million users while Office 365 reaches over two billion first-line users. Microsoft Azure, growing over 70%, is a cloud product that is not in direct competition with its customers. The company has over $130 billion in cash and short-term assets.

From Jeff Auxier (Trades, Portfolio)'s third-quarter 2018 shareholder commentary.
This article first appeared on GuruFocus.