Goldman Sachs Comments on Office for iPad Announced (AAPL) (MSFT)
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Go back to Goldman Sachs Comments on Office for iPad Announced (AAPL) (MSFT)
March 28, 2014 8:18 AM EDT
Nomura 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
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
March 27, 2014 1:48 PM EDT
Microsoft Corp. (Nasdaq: MSFT) on Thursday announced several new and updated applications and services including Microsoft Office for iPad and free Office Mobile apps for iPhone and Android phones. Microsoft also announced the Enterprise Mobility Suite, a comprehensive set of cloud services to help businesses manage corporate data and services on the devices people use at work and at home. In addition, the company announced the upcoming availability of Microsoft Azure Active Directory Premium and enhancements to Windows Intune.
"Microsoft is focused on delivering the cloud for everyone, on every device. It's a... More
