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For the First Time, Microsoft Got More Revenue From Office 365 Subscriptions Than From Traditional Office Software Licensing (axios.com)

Ina Fried, reporting for Axios: Shares of Microsoft hit record territory in after-hours trading on Thursday, topping $75 a share, after the software giant's better-than-expected financial results. As has been the case for the last several quarters, strength in Microsoft's cloud business, including Office 365 and Windows Azure, was the key to the company's growth. Of note, Microsoft CFO Amy Hood told analysts that, for the first time, Microsoft got more revenue from Office 365 subscriptions than from traditional Office software licensing. Why it matters: Microsoft has shown an ability to grow its business even as the PC market has stalled, reflecting moves the company made in the cloud both since Satya Nadella took over as CEO as well as some that were in place before he took over the top spot.

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  1. Re:Absolutely baffling by Anonymous Coward · · Score: 5, Informative

    98% of the people who use office simply type letters and notes, maybe make a simple spreadsheet or two. Openoffice is entirely up to the task.

    I really have to give Microsoft credit, figuring out a way to make people pay rent on something as simple as a word processor.

    Openoffice is unfortunately a pretty dead project and should probably not be touched or recommended to anyone who do not know what they are doing.
    Instead, go with LibreOffice (a fork of Openoffice) that is maintained and have a good amount of developers behind it.