202119 Aug

Microsoft will raise Office 365 business subscription prices in 2022

Summary

The price hikes will boost Microsofts total revenue and profit, given the Office line remains the companys top product in terms of sales, and most Office revenue is tied to business use. This marks "the first substantive pricing update since we launched Office 365 a decade ago," Microsoft 365 corporate vice president Jared Spataro wrote in a blog post. The company is making progress there, too, even leaving aside the coming price increases. Office 365 E5 includes features such as cloud-based phones, a Pro version of the Power BI data-visualization software and Teams data-loss prevention. WATCH: Apple, Microsoft or Alphabet: Traders on which is the GOAT of the mega-cap trade

Source: Cnbc

Classifications

Companies