> <i>Thank you for being a valued Microsoft 365 subscriber. To reflect the value we’ve added over the past decade, address rising costs, and enable us to continue delivering new innovations, we’re increasing the price of your subscription.</i><p>Translation: We have concluded that Google Docs is not a big threat at this point.<p>The value Microsoft has added over the last decade to core products such as Word, PowerPoint, Excel and Outlook are so insubstantial as to be invisible to the majority of users.