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kafa88
24 Aug 2021 - 06:12:50
79 Posts
Microsoft's stock closed on Monday. As more analysts become aware of the financial implications of software and hardware manufacturers' decisions to raise software subscription prices for the performance of Office 365 for businesses over the next year.The stock closed at $304.65 per day. This gives the company a market capitalization of nearly $2.3 trillion.

Microsoft shares are up about 37% for the year, outpacing most of the big tech competitors. Google parent Alphabet, however, is up nearly 60 percent each year.Analysts did not update their estimates quickly. But many say the price change has the potential to increase revenue for the company's fundamentals. with profit The cost of providing Office 365 to customers is included with Microsoft.

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Office 365 commercial subscriptions accounted for 18% of Microsoft's revenue in the fiscal year ended June 30, the Goldman Sachs team led by analyst Kash Rangan wrote in a note Sunday.We believe the recent announcement This underlines the company's strong competitive position and long-term pricing power. It helped drive continued ARPU

growth through CY22 as well as helped drive continued SKU migration to E3 and E5,” the group wrote.The price for one subscription type is Office 365 E5 Premium, an increase of 9% per user per month. Starting March 1, 2022, the more affordable Office 365 E1 will increase 25%.in our view The price increase may be intended to drive the move to more E3 and E5 premium SKUs,

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