Microsoft is Working on Office for the iPad?

Microsoft is reportedly working on a version of Office for the iPad, according to The Daily.

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 Daily suggests that the Lion version of Office will likely be available via the Mac App Store and both versions are thought to work with Office 365.

In terms of cost, the iPad version of Office is believed to be priced much more competitively than existing products. It's likely that it will compete with Apple's $10 pricing for Pages, Numbers, and Keynote.