Microsoft Corporation (MSFT) Revamps Office Product as Google Competition Intensifies

NASDAQ: MSFT | Microsoft Corporation News, Ratings, and Charts

MSFT – Google’s cloud-based office apps continue to gain traction.

Changes are coming to Microsoft Corporation’s (NASDAQ:MSFT) venerable Office product, and they appear to be inspired by increasing competition. Google’s cloud-based office apps continue to gain market share, and that development has been an eye-opener for the Seattle-based tech giant that’s used to being the overwhelmingly dominant player in the space.   

CNBC has the details on Microsoft’s changes to Office.

Microsoft is redesigning its Office productivity apps to make them easier to use, as it faces stiffer competition from Google.

Microsoft said Wednesday it’s refreshing Office 365 apps, including Word, Excel, Outlook and PowerPoint, in part so that they’re more accessible for users with disabilities. The company is vastly reducing the size of the ribbon — the toolbar that for so many years has been loaded up with buttons.

Users that prefer the ribbon the way that it is can switch back with the click of a button. Jon Friedman, Office’s chief designer, is confident that the company is on the right track with the changes it’s introducing for its suite of Office products.

“We’re very confident that it’s a step in the right direction,” he said.

Microsoft Corporation shares were trading at $101.58 per share on Wednesday morning, up $0.27 (+0.27%). Year-to-date, MSFT has gained 19.83%, versus a 5.07% rise in the benchmark S&P 500 index during the same period.

MSFT currently has a POWR Rating of A (Strong Buy), and is ranked #1 of 66 stocks in the Software – Application category.

9 "Must Own" Growth Stocks For 2019

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from!

Top Stories on

NYSE: TWTR | Twitter, Inc. Common Stock News, Ratings, and Charts

Twitter (TWTR): Buy, Hold Sell? Get the POWR Ratings Breakdown

The StockNews POWR Ratings only computes to a C (Neutral), but Steve Reitmeister sees more upside potential for long term investors.
NYSE: DIS | Walt Disney Company (The) Common Stock News, Ratings, and Charts

Disney's (DIS) new live-action film, Aladdin, expected to make $80 million this weekend

The live-action “Aladdin” film starring Will Smith is expected to lead the box office over the Memorial Day holiday weekend.
NYSE: SQ | Square, Inc. Class A Common Stock News, Ratings, and Charts

Is Square (SQ) stock a good buy at this price level?

SQ stock now trades for just $65.
NYSE: F | Ford Motor Company Common Stock News, Ratings, and Charts

Is it possible Ford (F) would buy Tesla (TSLA)

Making a deal work would be a challenge.
NASDAQ: CVCO | Cavco Industries, Inc. News, Ratings, and Charts

Best & Worst Performing Stock Industries for May 24, 2019

Led by ticker CVCO, "Homebuilders" was our best performing stock industry of the day, with a 2.60% gain.

Read More Stories

More Microsoft Corporation (MSFT) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All MSFT News
Page generated in 1.4442 seconds.