Apple's (AAPL) CEO Cook Welcomes Microsoft Office to App Store

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Office for iPad is 'Mild Positive'; New Products to Drive Apple (AAPL) Higher - Cowen (MSFT)

March 28, 2014 6:13 AM EDT

Cowen and Company maintains its Outperform rating and $590 price target on Apple (Nasdaq: AAPL) following news Thursday that Microsoft (Nasdaq: MSFT) will bring its Office suite to the iPad tablet.

Analyst Timothy Arcuri issued the following commentary: While iWork has been getting strong reviews, the decision to offer Office on iPad is, if... More

Microsoft's (MSFT) Office for iPad Goes Live as 'Nadella Era' Takes Shape

March 27, 2014 2:05 PM EDT

Microsoft's (NASDAQ: MSFT) new CEO, Satya Nadella, confirmed the release of Office for iPad at an event today. The app will be available today at the App Store in 29 languages. The apps require an iPad running iOS 7.0 or later. Given the news was widely expected shares sold off slightly (-0.9%).

The app is available as a free download from the App Store, enabling users to read and present documents, spreadsheets and presentations. However, editing will require a subscription to Office 365.

"Microsoft is focused on delivering the cloud for everyone, on... More

Microsoft (MSFT) Office for iPad Available Today

March 27, 2014 1:19 PM EDT

Microsoft (NYSE: MSFT) Office for iPad will be available at the Apple App Store at 11AM PT today. It will be a free download. Users can view documents but editing will require a subscription to Office 365.... More