Microsoft Is Lagging the Market—But Its Moat May Matter More in 2026
微软微软(US:MSFT) Yahoo Finance·2026-01-01 01:39

Microsoft Azure devices and cloud systems integrate across laptops, tablets, & consoles, highlighting computing growth. Key Points Microsoft’s entrenched ecosystem and high switching costs make replacing MSFT more expensive than holding, even with a premium valuation. Azure, Microsoft 365, and Dynamics create a unified platform that reinforces recurring revenue and widens Microsoft’s competitive moat. Despite moderating growth expectations, Microsoft’s subscription model and free cash flow strength sup ...