Apple (AAPL) Will Get Cut of Certain 'Office for iPad' Revenue (MSFT)
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Nomura's Sherlund Encouraged by Microsoft (MSFT) Office for iPad News
March 28, 2014 8:18 AM EDTNomura Securities analyst Rick Sherlund reiterated a Buy rating and $45 price target on Microsoft (NASDAQ: MSFT) following the Office for iPad news yesterday.
Sherlund commented, "It was encouraging to have the CEO of Microsoft visible in a product strategy discussion, laying... More
Microsoft (MSFT) News an Incremental Positive, But Faces Competitive Market Place - Oppenheimer
March 28, 2014 6:38 AM EDTOppenheimer analyst Shaul Eyal reiterated an Outperform rating and $38 price target on Microsoft (NASDAQ: MSFT) saying the new CEO is talking a big mobile/cloud game.
Eyal said, "Less than two months on the job MSFTs new CEO, Satya Nadella... More
Office for iPad is 'Mild Positive'; New Products to Drive Apple (AAPL) Higher - Cowen (MSFT)
March 28, 2014 6:13 AM EDTCowen 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
Apple's (AAPL) CEO Cook Welcomes Microsoft Office to App Store
March 27, 2014 3:59 PM EDTApple, Inc. (NASDAQ: AAPL) CEO Tim Cook personally welcomed Microsoft (NASDAQ: MSFT) Office to the App Store.
Welcome to the #iPad and @AppStore! @satyanadella and Office for iPad
Tim Cook (@tim_cook) March 27, 2014... More
Microsoft's (MSFT) Office for iPad Goes Live as 'Nadella Era' Takes Shape
March 27, 2014 2:05 PM EDTMicrosoft'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
