Moreover, revenue from Mac Office sales has grown at an average annual rate of 73% in each of the past five years. The lack of a spreadsheet, along with Office's general ubiquity, explain why iWork has made little headway against Office despite its $79 price - about half that of the cheapest version of Office.Īccording to NPD Group Inc., iWork held just 16% of the Macintosh office software market as measured by copies sold in retail and e-commerce stores in the past 12 months in the U.S. Though Pages could display tables and columns, it could not open Excel spreadsheet files. In an attempt to defuse that threat once and for all, Apple released a beefed-up iWork '08 this week.įirst launched in January 2005, iWork included just two components: a PowerPoint-like presentation maker called Keynote and a page layout/word processing application called Pages. Every closely watched delay in Office 2008 revives some fear among Mac fans about Microsoft's long-term commitment. But the sword of Damocles that is Office continues to hang over the Mac.
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