Microsoft (MSFT) Office 365 Comes to Apple (AAPL) iOS

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Microsoft's (MSFT) Launch of Office Mobile on iOS is Good; Delay on iPad App is Better? (AAPL)

June 17, 2013 11:50 AM EDT

Microsoft (Nasdaq: MSFT) is up Monday following an announcement that it launched Office Mobile late last week.

Nomura analyst Rick Sherlund is out with a few comments on the news. He has Microsoft at Neutral with a price target of $38.

Office Mobile will be "restricted to subscribers of Office 365 and users of iPhone 4,... More