

Home Premium users can use Office on up to five computers shared among all users in the household, each accessing their settings and documents with their own account, as well as 20GB of SkyDrive storage (in addition to the 7GB available to anyone) plus 60 minutes of Skype usage per month. Both versions include the complete lineup of programs found in the current Office Professional release - Word, Excel, PowerPoint, OneNote, Outlook, Publisher, and Access. The former is priced at $99.99 per year while the latter will cost $149.99 per user per year. There are two versions of Office 365: Home Premium and Small Business Premium.

Interestingly, the company seems to be steering customers towards the latter, saying the online solution will be updated more frequently with the latest features and allows small businesses and households with up to five computers or mobile devices to access everything for one price. Microsoft has announced pricing details for its upcoming Office 2013 packages as well as the subscription rates for the cloud-based Office 365.
