Why did Google (GOOG) announce Chrome OS — an operating system product that’s not even close to being ready to look at — last week? Perhaps because last week was a convenient time to jab arch rival Microsoft (MSFT) before Redmond made its own big splash.
That was today, when the company announced that its Office Web apps — Web versions of Word, Excel, and PowerPoint — are on the way, and they’re free.
Assuming they aren’t a complete disaster, and offer some better features — and better compatibility with offline Office — than Google Docs, they should quickly take over the little ground Google has gained on Microsoft’s Office cash cow.
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