iPad Versions of Office Doing Very Well

Let it rain. Cash, that is. Microsoft's recent release of Office on the iPad has been doing very well. Although the exact revenue numbers aren't available, those that keep track of such things say that Microsoft's Office Suite (Office 365) for iPad is doing great. Microsoft shareholders are enjoying the success of the release, as well, seeing stock prices edging higher and higher. 

The Office iPad apps aren't standalone — they're part of a $99.99 annual subscription to Office 365. So when you buy any one of the apps, you get the entire Office 365 package that lets you run Office on up to five different devices. Microsoft is pushing subscriptions to Office hard, hoping to eventually phase out one-time permanent licenses.