Microsoft's rivals won a reprieve on Monday, when the software giant said it would split up its Teams and Office bundles following scrutiny from European regulators.
Analysts at Mizuho Securities wrote in a note on Monday that "while customers believe Zoom is a superior platform vs.
Teams" and other vendors, "the bundling of MS Teams to Office 365 has always been enticing for customers to consider Teams."
Last year, Microsoft generated almost $53 billion in revenue from Office, including Teams, up about 14% from 2022.
Months later, the European Commission disclosed a probe into Microsoft's Teams and Office bundling.
Persons:
Microsoft Corporation Satya Nadella, Slack, Satya Nadella, Salesforce, David Schellhase, Slack's, Stewart Butterfield
Organizations:
Microsoft Corporation, Economic, Salesforce, European Commission, Mizuho Securities, Mizuho, Microsoft, Financial Times, European Union, Microsoft's, CNBC, European
Locations:
Davos, Switzerland, Europe