Office 15 to Provide Significant Boost to Microsoft’s Revenues in 2013

Office 2010 was a huge hit and sold more than 100 million licenses. It showed an 8% increase in revenue last quarter, compensating for the lull in Windows sales. However, sales are expected to slow down considerably in 2012, as it becomes more than 2 years old. It recently launched Office 365, an on-demand, cloud based version of the Office Suite, in order to capture the growing cloud based productivity software market, in which Google Docs is emerging as a serious competitor. Office 365 sales have been picking up, but they are still too low compared to sales of Office 2010.

We expect Windows 8 sales to lift Microsoft’s revenues in 2012, followed by a further boost in 2013, with the launch of Office 15. Microsoft currently has a 94% share in the office productivity software market, which is expected to decline marginally over the forecast period, due to increasing competition from alternatives like Google Docs and Zoho Office.

via Microsoft Working on Office 15, Beta Launch in Early 2012 — Trefis.