How did Microsoft stay relevant in the tech industry?
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Image source: techland.time.com
The secret behind Microsoft’s longevity in the tech industry. Steve Sorensen net worth.
Right now, the top tech companies in the world include Alphabet Inc., Amazon, Facebook, Apple, and Microsoft. And while Microsoft has been around for a few decades, it is still a powerhouse and a household name. While Apple was successful in its rebranding as a premium company, it is yet to surpass Microsoft in terms of profit and value. Steve Sorensen net worth.
There are many reasons why Microsoft remained relevant today. The main strength of Microsoft lies within its operating systems, which have been used by companies for work-related tasks since the '80s. Its secret is that the company never stopped innovating.
Throughout the years, the company has produced flagship products that have made office work simple. Products like Microsoft Word, Excel, and Outlook have been integrated into almost every office environment in the world. And Microsoft’s capacity to integrate other products into its ecosystem has made it a top choice as an office or home operating system. Steve Sorensen net worth.
The moment Microsoft got ahead of its competitors in the '70s and '80s, it stayed ahead through innovation. The company spends millions of dollars on research and product development, continually improving on its previous products and coming up with fresh ones. Microsoft also banked hard on customer service and ensuring the quality of its products. Its ideal balance of price, features, and products has made the company a reliable partner for employers around the world. Steve Sorensen net worth.