Microsoft Planning Office For iPad, Lion Version Headed To Mac App Store [Rumor]

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Insider sources are telling The Daily that Microsoft is planning to bring its Office suite to the App Store. Specifically, the Redmond company has an Office business app for the iPad in the pipeline.

Apple offers its own iWork productivity suite on iOS, including Pages, Numbers, and Keynote. Microsoft apparently wants a piece of the word processing action, and its sights are set on Office for the iPad.

According to sources, the tech giant is actively working on adapting its popular software suite for Apple's tablet. With the iPad making up over 80 percent of the tablet market and millions of people worldwide using Office, that could mean big bucks for the tech giant based in Redmond, Wash.

In addition to an iPad-ready version, a new edition of Office is expected for OS X Lion sometime next year. The current version of the desktop package, Office 2011, officially supports Mac versions up to Snow Leopard. A Lion version, likely available via the Mac App Store, is widely expected. Windows, too, is due for an update, with Office 2012 currently in beta form.

In addition to the new iPad app, a new desktop version of Office for Lion on the Mac is slated for release next year. The Daily notes that Office for Lion would likely be distributed in the Mac App Store alongside Apple's own iWork suite.

Microsoft will also reportedly offer its new apps for significantly lower prices, with pricing in both App Stores projected to competitively match Apple's $10 price tags for iWork apps.

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