Ed Bott with the skinny on Microsoft’s cloud computing strategy.
Office 365 Home Premium, a subscription service aimed at consumers, debuted on January 31, 2013. In one year, it’s grown to 3.5 million paying customers, each shelling out $99.99 for a 12-month subscription that includes the rights to download and install the latest version of Office on up to five PCs or Macs, as well as 20 GB of extra online storage and 60 minutes of Skype calling time each month.
Do the math. Almost $350-million in annual revenue. Peanuts to Microsoft.
Adobe’s Creative Cloud subscription service is nearing 2-million total. At $30 per month (average), that translates to $60-million in revenue. Per month.