officeipad

In a report by re/code, it has been confirmed that Microsoft pays Apple 30% of the revenue it generates from subscriptions on its newly released Microsoft Office Apps on the iPad.

Apple takes their cut from the iOS as well as Mac versions of Office 365, meaning they get about $30 whenever a customer purchases an annual membership of $99.

Without paying, iPad users can view Word, Excel, and PowerPoint documents, but to edit and manipulate them, they must purchase the premium version of the Office suite.

According to Apple in a press release regarding Microsoft Office 365:

We’re excited that Office is coming to iPad – now part of the more than 500,000 apps designed specifically for iPad. iPad has defined a new category of mobile computing and productivity and transformed the way the world works. Office for iPad joins an incredible lineup of productivity apps like iWork, Evernote and Paper by FiftyThree, that users can choose from to inspire them to do more with this powerful device.

You can download Microsoft Word, Excel, and PowerPoint for your iPad for free, though as we mentioned, to get access to all features, you will have to shell out $99.