Microsoft Office for iPad gain 12 Million downloads hits per week after debut

The Office suite, including Microsoft Word for iPad, Microsoft Excel for iPad and Microsoft PowerPoint for iPad, rocketed to the top of Apple's iOS App Store charts one day after launch. Currently, the apps stand one-two-three at the top of the iPad App Store's free app rankings, with the go-along Microsoft OneNote for iPad sitting in sixth.

Microsoft's new iPad apps are "freemium" offerings as each requires an in-app subscription purchase to unlock full software capabilities. For Office, users can view documents for free, but need to have an Office 365 subscription to make edits.

Just like other apps distributed through the iOS App Store, Microsoft Office is subject to Apple's usual 30 percent cut of in-app purchases. With Office 365 prices pegged at $99 per year or $9.99 per month, combined with the large number of downloads, Office for iPad apps are among the top grossing titles in the App Store.

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