Three versions of the suite will be available: At $150, a Home and Student Edition will be available including three licenses for Word, Excel, PowerPoint and Entourage. The core suite, priced at $400, is aimed at professionals and includes the same programs as Home and Student, plus the ability to connect to a Windows Exchange server. In addition, a new bundle called Office 2008 for Mac Special Media Edition is available at $500, featuring the Office 2008 applications plus Microsoft Expression Media to organize and manipulate digital photos, video and other files – which otherwise sells for $299.
All versions of Office 2008 for Mac support the new Open XML file format and natively run on Intel-based Macs and older PowerPC machines. You can read the full press release here.