Microsoft Rumored to Be Working on Office for iPad (MSFT)
Microsoft (NASDAQ:MSFT) is at work on a version of its Office suite for Apple's (NASDAQ:AAPL) iPad, which could come ahead of the launch of Windows 8, according to a report from The Daily, reported electronista. Microsoft (NASDAQ:MSFT) has potential upside of 29.5% based on a current price of $24.92 and an average consensus analyst price target of $32.29. Microsoft is currently below its 50-day moving average (MA) of $26.20 and below its 200-day MA of $25.79.
Microsoft (NASDAQ:MSFT) is at work on a version of its Office suite for Apple's (NASDAQ:AAPL) iPad, which could come ahead of the launch of Windows 8, according to a report from The Daily, reported electronista. Microsoft (NASDAQ:MSFT) has potential upside of 29.5% based on a current price of $24.92 and an average consensus analyst price target of $32.29. Microsoft is currently below its 50-day moving average (MA) of $26.20 and below its 200-day MA of $25.79.