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  Microsoft feeling Office heat?
Time: 18:07 EST/23:07 GMT | News Source: Business Week Online | Posted By: Brian Kvalheim

The company's decision to cut retail prices for some versions of its Office software is more a reaction to internal pressures than to outside competition, say analysts.

Microsoft's decision to cut retail prices for some versions of its Office software is more a reaction to internal pressures than to outside competition, analysts said on Wednesday.

The software giant announced Tuesday that it would trim the price of Office XP Standard and Office XP Professional by about 15 percent, with steeper cuts for standalone versions of the applications included in those packages--Word, Excel and so on.
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