This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Microsoft Office for iPhones, Not iPads

NEW YORK ( TheStreet) -- Finally, after months of hints and rumors, Microsoft (MSFT - Get Report) has released a version of its Office suite optimized for Apple's (AAPL - Get Report) iPhones -- but not for iPads. The official name of the app is "Office Mobile for Office 365 Subscribers," and that name tells much of the story.

The app is available as a free download from Apple's iTunes Store. However, to use it you must be a subscriber to Microsoft's Office 365 online service. The service can cost as little as $4/month for business email, to $100 for as many as five home users up to $450 per year, per user, for Office Professional 2013 access. Users who are already Office 365 subscribers will be able to use the app on as many as five iPhones in addition to other devices.

The app will allow users to read, compose, edit and store documents in Microsoft Word, Excel and PowerPoint formats. That includes documents in Microsoft SkyDrive or SharePoint system. Apple warns potential users that "Microsoft Office 2013 on a PC is needed for features like recent documents and resume reading."

Although the app is free to download, Apple will reportedly still be making money from its use. It is believed that instead of the usual fee charged developers, Apple will, instead profit from the app accessing Office 365 for the first time. Exact details of the fee structure were not disclosed.

Apple says the new software is optimized for the iPhone 5, but will also work with previous iPhone 4, iPhone 4S and 5th generation iPod touch devices (iOS 6.1 or later.

In early morning trading, Microsoft was trading at $34.50, down 0.62% while Apple was off 0.29% to $434.69.

-- Written by Gary Krakow in New York.

>To submit a news tip, send an email to: tips@thestreet.com.

Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $126.37 0.00%
MSFT $40.96 0.00%
FB $83.20 0.00%
GOOG $552.03 0.00%
TSLA $190.57 0.00%

Markets

DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs