Its a single license that costs $150 and works on a single Mac or Windows PC.
Theres no included cloud storage, no integration with the mobile Office apps, or anything else.
The home version will be called Office 2024, replacing the previous Office 2021 package.
Microsoft
Office 2024 will also be supported for five years with the traditional one-time purchase model.
We do not plan to change the price for these products at the time of the release.
We will announce more details about new features included in Office 2024 closer to general availability.
Office 2024 should include most changes rolled out to Word, PowerPoint, and Excel since the 2021 version.
Microsoft specifically highlighted dozens of new Excel features and functions including Dynamic Charts and Arrays.
However, features based on the Copilot AI or other cloud functionality wont be included.
Even though it is a subscription, aMicrosoft 365 planis a better value for most people, especially families.
The good news is that this shouldnt be the last standalone Office release.
Source:Microsoft 365 Blog
