Microsoft's search service raises corporate stock prices to a record high.

The search engine Bing, developed by Microsoft, for the first time since its existence has reached a payback period, writes Financial Times. This was stated by the head of the financial division of the corporation Amy Hood. Thus, the search engine profit has already exceeded $ 1 billion, having increased by almost a third.

After the publication of this information, together with the quarterly reporting , the stock price of Microsoft rose to $ 52 per security. This is a 15-year record, the last time the shares of the Redmond giant reached this mark in 2000.

As for the net profit of the corporation, it was $ 4.6 billion in the third quarter of 2015, while last year the third quarter profit was $ 4.54 billion. As for revenue, it decreased by 12%, dropping to $ 20 , 38 billion
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Bing search engine is now the standard for PCs with Windows 10 installed.