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Microsoft's Acceleration Just Taught Investors a Hugely Important Lesson

Microsoft's Acceleration Just Taught Investors a Hugely Important Lesson

Revenue accelerated an incredible 17%, a stunning rate for a $1.8 trillion behemoth, marking an acceleration over the 12% growth posted last quarter, 13.6% growth posted in the most recent fiscal year ended last June, and 14% growth in the year ended June 2019. Many value-oriented investors will point to the law of large numbers when cautioning against investing in high-growth stocks, often scoffing at the prospect that a large company can maintain or accelerate such a growth rate. Microsoft posted reaccelerating revenue.