Apps & Software

Finally, Office for iPad a Fact

Microsoft Corp. (NASDAQ: MSFT) has confirmed that it wants in on the Apple Inc. (NASDAQ: AAPL) iPad. Consumers have been able to use Microsoft’s key Office programs on the Mac, but now it is official: Office for iPad is here.

Satya Nadella’s press briefing on Thursday indicated that the new Office for iPad will be available for download right away. This had been rumored in recent days, and it helps to propel shares on the rumor. Now it is a fact.

The move is a so-called freemium, a free download, for Office 365 subscribers. The reality is that this is potentially huge news on the surface. Now we have to see the functionality and actual interoperability of it before we can say what this does for the company’s subscription revenues.

Tech shares continued their decline on Thursday, and Apple shares were down 0.6% at $536.20 and Microsoft shares down 0.45% at $39.61 in mid-afternoon trading.

We could say more, but sometimes less is more. At least this makes life easier for some of us who run businesses.

Obviously this is not great news for the likes of Hewlett-Packard Co. (NYSE: HPQ) and Dell. This makes the iPad just that much easier to use for Windows fans. In fact, HP shares were down 1.5% at $31.86 at the same time. That being said, HP shares were actually up from where they were earlier in the day before the Office for iPad was confirmed.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.