Microsoft has announced that they will be releasing Microsoft Office 2011 for Mac in October. They also revealed the prices of Microsoft Office 2011. The new price is competitive and are between 20% and 50% cheaper than those set for Microsoft Office 2008.

There will be two versions in The Mac edition of Microsoft’s premium Office suite:

* Microsoft Office 2011 Mac Home version
* Microsoft Office 2011 Mac Business version

Office 2011 for Mac will ship in the start of October this year.

Office 2011 will also be available in two languages: Polish and Russian.

MS Office 2011 for Home and Student will include Word, PowerPoint, Excel and IM apps costing customers $119 for one desktop and $149 for three Macs.

MS Office 2011 for Home and Business will include Word, PowerPoint, Excel, IM and Microsoft Outlook as the e-mail client and will cost $199 per license and $279 for installation on two machines.

In addition to having a new reduced price tag, Office 2011 will also be shipping in two more languages, Polish and Russian. Also, Office 2011 for Mac will be shipping to more than 100 countries worldwide when Microsoft launches it in October 2010.