StockNews.AI
MSFT
The Guardian
172 days

Microsoft is shutting down Skype after over two decades

1. Microsoft will retire Skype on May 5, simplifying its offerings. 2. Skype's user base declined from 150 million in 2011 to 23 million by 2020. 3. Microsoft prioritizes Teams, now with 320 million monthly active users. 4. Users can log into Teams for free using Skype credentials. 5. Skype struggled against competitors like Zoom and FaceTime in recent years.

4m saved
Insight
Article

FAQ

Why Bullish?

Retiring Skype enhances Teams' prominence, potentially boosting Microsoft’s productivity software sales. Historical growth in Microsoft after similar strategic pivots, e.g., Azure.

How important is it?

The article highlights Microsoft’s strategic focus on Teams, directly relating to long-term growth opportunities in the SaaS market.

Why Long Term?

The shift from Skype to Teams aligns with strategic trends in corporate communication, indicating sustained growth potential.

Related Companies

Related News