Microsoft Corp. (MSFT)

$ 213.67
   
  • Change Today:
    $-0.65
  • 52 Week High: $214.32
  • 52 Week Low: $132.21
  • Currency: US Dollars
  • Shares Issued: 7,643m
  • Volume: 22,569
  • Market Cap: $1,633,080m
  • RiskGrade: 186

Zoom admits it does not have 300m daily users

By Caoimhe Toman

Date: Thursday 30 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Zoom confirmed on Thursday that it does not have 300m daily active users and said it had previously "unintentionally" referred to daily meeting participants.
In statements given to The Verge, the popular video conferencing app backtracked on earlier claims made in a blogpost saying it had 300m daily active users.

The difference between a daily active user (DAU) and "meeting participant" is significant as daily meeting participants can be counted multiple times throughout the day.

The Zoom blog from April 22, in which the video conferencing app announced a 50% jump in users over three weeks, has now been edited.

"When we realized this error, we adjusted the wording to 'participants'," the company told the Verge, adding, "this was a genuine oversight on our part."

Zoom usage has soared from 10m daily meeting participants back in December to 300m this month. Although rivals like Microsoft Teams and Google Meet appear to be closing the gap with Microsoft saying on Wednesday it now has 75m daily active users of Teams, a jump from 70% in a month. Microsoft also recorded 200m meeting participants in a single day this month.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Microsoft Market Data

Currency US Dollars
Share Price $ 213.67
Change Today $ -0.65
% Change -0.30 %
52 Week High $214.32
52 Week Low $132.21
Volume 22,569
Shares Issued 7,643m
Market Cap $1,633,080m
RiskGrade 186

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Time Volume / Share Price
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