The NYT reports that Microsoft's value has climbed significantly in the last 12-months and estimates it's value to be around $850 billion, which is around the same value as Apple.

But the more enduring and important answer is that Microsoft has become a case study of how a once-dominant company can build on its strengths and avoid being a prisoner of its past. It has fully embraced cloud computing, abandoned an errant foray into smartphones and returned to its roots as mainly a supplier of technology to business customers.

[nytimes.com...]

Satya Nadella has done a great job of turning around the fortunes of the giant of the software industry.