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Why Microsoft Office for iPad can propel Apple’s stock price past $550

“Satya Nadella, Microsoft’s new CEO, will most likely announce the release of Microsoft Office for the iPad this coming March 27,” Almario Alexej Alcaraz writes for Seeking Alpha. “Rumor or not, this report of Office-for-the-iPad boosted MSFT’s price by as much as 5%. It is therefore likely that once Apple iLoyalists start perking up on this latest industry buzz, AAPL can rally past $550 again soon. It may even soar higher if the report proves true next week.”

“Like millions of iPad owners, I have been waiting for years for Microsoft to deliver its precious Office suite to the world’s best-selling tablet. Nadella’s decision to port its productivity suite to the iPad will really maximize the use of Apple’s tablet in the corporate environment,” Alcaraz writes. “A full-function Microsoft Office for the iPad can give Apple a solid boost in corporate sales… Since Google and Microsoft loathe each other, I think Nadella will not allow a full version of Office to port to Android tablets. This should slow down the entry of Android tablets in the lucrative enterprise market.”

Read more in the full article here.

MacDailyNews Take: If it’s anything like the current, putrid Orifice for iPhone, it’ll flop.

Related articles:
Microsoft to release Office for iPad this month – March 17, 2014
NY Times’ Pogue: Microsoft’s Office Mobile for iPhone is very little, very late – June 19, 2013
Microsoft releases Office Mobile for iPhone via Apple App Store – June 14, 2013

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