The source claims that the app is currently in the “hands of a usability team” at Microsoft, having been worked on by the development team for Office Mobile, as well as the firm’s design group.
Just last week it was reported that Microsoft was planning to launch Office on iOS and Android at some point in November.
The Daily is no stranger to reporting 'Office for iPad' rumors, albeit with varying degrees of success.
As well as revealing today's ‘scoop’, the iPad magazine published a supposed picture of Office running on the iPad at the start of the year, and said that the app was to launch in February. However, Microsoft put a dampener on things by dismissing the claim, and by suggesting that the photo used was a fake.