Office for iPad will be released only after Microsoft launches a touch-first Windows version
A few months ago, Microsoft released the long-awaited Office Mobile on the App Store, but strangely chose to skip iPad support despite several rumors suggesting that the work on the iPad version was started nearly two years ago.
Now, it appears that the iPad version was kept on hold only because Microsoft didn’t have a touch-first version of Office for Windows ready.
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http://feeds.iphonehacks.com/~r/iphonehacks/~3/bsFRhhQc7i8/office-ipad-after-touch-windows-version.html