A new report from Morgan Stanley analyst Adam Holt, who argues that Microsoft is leaving money on the table by not releasing Office for iOS From AllThingsD:

Holt figures that if Microsoft were to release Office for iOS, pricing it at $60, it could potentially sell it to roughly 30 percent of iPad users. Extend that to an installed base of 200 million iPads in 2014, and Holt concludes that Microsoft would generate about $2.5 billion in revenue per year on Office for iPad — less Apple’s App Store commission.

office_ipadNow, Holt’s math here is back-of-the-napkin at best, but even so, it makes a valid point. By not releasing Office for iPad, the company is surely leaving a bunch of milk in one of its most important cash cows.

 Microsoft Could Make Billions From Office for iPad