Microsoft Corporation (NASDAQ:MSFT) Increasing Partnerships in Autonomous Cars Industry

Microsoft (NASDAQ:MSFT) is constantly looking to diversify its revenue streams. The company recently announced to partner with China-based Baidu Inc (ADR)(NASDAQ:BIDU) after which it will provide Azure Cloud services for Baidu ’s self-driving platform Apollo Group . Apollo Group ’s is China’s best autonomous cars software, currently used by FAW, Ford, Diamler, Great Wall Motors and Bosch. This is another attempt by Microsoft to improve its game in the $7 trillion market of autonomous cars.

Microsoft also has a partnership with car marker Harman according to which Harman cars systems provide Office apps to its users for increasing productivity on the go.

Based on the analysts' consensus: both the revenue and the net result would be the highest in years. Over the current book year the total revenue will be 104,32 billion Dollar (consensus estimates). The expected revenue would be the highest in her history. This is quite more than 2016's revenue of 89,95 billion Dollar.

Historical revenues and results Microsoft plus estimates 2017

The analysts anticipate for 2017 a record net profit a 25,16 billion Dollar. For this year the consensus of the result per share is a profit of 3,27 Dollar. The price/earnings-ratio therefore equals 22,7.

For this year the analysts expect a dividend of 1,69 Dollar per share. The dividend yield is then 2,28 percent. The average dividend yield of the software & services companies equals a poor 0,16 percent.

Recent target prices around 68 Dollar

The most recent recommendations for the software & services company are from Jefferies & Co., Canacord Adams and Cowen and Company.

Microsoft 's market capitalization is based on the number of outstanding shares around 579,51 billion Dollar.

At 17.36 the stock trades 0,72 percent lower at 74,22 Dollar.

Historical stock prices Microsoft

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