Loading...
Loading...
Next week, Microsoft
MSFT is expected to announce the newest version of its popular Office program.
Tentatively referred to as Office 15,
reports (via
The Register) that the new software will be officially unveiled on Monday. The final title of the software is expected to be Office 2013.
But business professionals should not expect to get their hands on the new version any time soon. According to USA Today, Office 2013 will not go on sale until early next year.
Few other details have been revealed. But critics are already speculating that this could be a difficult period for the Windows maker.
"Skipping a version or two saves costs," industry analyst Jack Gold told USA Today. "It's critical for Microsoft to show real benefits to upgrading."
Any benefits could be hard to convey to potential customers. The program is still heavily used for constructing the same kinds of business documents, slideshows and spreadsheets that users produced when the original Office was introduced more than a decade ago.
But Office is a key revenue driver for Microsoft. According to USA Today, Office accounted for a $22.2 billion of the company's nearly $70 billion in fiscal 2011 revenue. Office also accounted for $14.1 billion of the company's operating income, the most of any unit within the company.
Office is not currently available for the iPad. But Global Equities Research analyst Trip Chowdhry told USA Today that it would be wise for the company to bring Office to new platforms. "The more devices Office 15 is available on, the better it is for Microsoft," he said.
Others believe that Office 2013 will remain a Windows 8 exclusive.
Follow me @LouisBedigianBZLoading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in