I think most people really don’t understand the wide breadth and the real market of Microsoft as compared to other companies. Just look at these charts of income sources of each company:
Google is literally just Ads whereas Microsoft is very evenly spread. If it lost one area itd be fine in the others.
I think people have an exposure bias where they can only comprehend fo the consumer market. When in reality a lot of the consumer market is free and Microsoft is making a killing selling to businesses.
http://ritholtz.com/wp-content/uploads/2017/11/cotd52602.png
Google is literally just Ads whereas Microsoft is very evenly spread. If it lost one area itd be fine in the others.
I think people have an exposure bias where they can only comprehend fo the consumer market. When in reality a lot of the consumer market is free and Microsoft is making a killing selling to businesses.