Microsoft Reportedly 'Actively Working' on Office for iPad and Mac App Store

The Daily reports that Microsoft is "actively working" on bringing its Microsoft Office suite to the iPad, looking to take on Apple's iWork applications for the popular tablet device. The report also says that Microsoft is working on a updated Office for Mac suite, with the new version said to be targeted for a Mac App Store release sometime next year.

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 OS X] versions up to Snow Leopard. A Lion version, likely available via the Mac App Store, is widely expected.

Microsoft acknowledged just after the iPad's introduction in early 2010 that the company was "looking at" the possibility of bringing Office to the iPad, but by the time the device actually launched a few months later the company was saying that it had "no current plans" for such an offering.