- As expected, Microsoft (MSFT -0.8%) has unveiled its Office iPad apps at a San Francisco event. Read-only versions are free, but full versions will require an Office 365 subscription. They'll be available in the App Store at 2PM ET.
- The iPad's screen real estate has allowed the apps to sport UIs similar to those of PC Office apps. At the same time, Microsoft promises it has put a lot of effort into optimizing for touch - for example, images can be easily resized and wrapped around Word text with one's fingers.
- Satya Nadella put some effort into reassuring his Bay Area audience Microsoft now has mobile/cloud religion. He also declares his company is pursuing a vision of "ubiquitous computing and ambient intelligence." Google can relate.
- The iPad apps are aimed at bolstering an Office cash cow that continues to see moderate growth in the face of weak PC sales and a shift to Office 365 subscription sales. Office 365 subscriptions that include PC apps run from $150-$264/year for business users, and $70-$100/year for home users.
- Shares rallied last week on reports of a pending Office iPad launch.
- Event live blog, an early review