There is a rumor swirling that Microsoft is hard at work developing a native iOS app version of its Microsoft Office productivity software to run on the iPad. If it turns out to be true, it could be awesome, but there are also some ways that Microsoft could really screw it up.

There is no official confirmation from Microsoft regarding the iPad speculation. The response I got from my Microsoft contact was, “We have nothing to share at this time.” That is often a coy way of saying, “Yes, but I can’t officially say that,” but it could simply mean there is no such project underway.