In particular, the company appears to be replicating its success from the 1980s when it faced a largely comparable situation relative to its rival. After losing significant ground to Apple (which largely invented the modern concept of the smartphone and tablet), Microsoft's Surface products and mobile Windows operating system have gained steady adoption. Much of the success can be attributed to the company finding its footing in the device market. This growth is unmatched in the company's history. Between 2014 and today Microsoft's stock price has nearly tripled, rising from $40 a share to its current price. In the past five years is when Microsoft's stock has truly taken over. It quickly declined and stabilized, trading within a range of $20 - $30 per share for most of the following 15 years. In the year 2000 the company's stock hit a high point, trading in the mid-$50s range. Until 1995 Microsoft traded below $5 a share, rising quickly over the 1990s and 2000s. Despite going public in 1986, the company's stock didn't take off for another 10 years.
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