Wonder if you were asked to immediately submit an abstract document of something or give a reading to some project report and credit a summary to the document on the go. What would you do?

Well if you are an iPhone or a Windows Mobile user, you’ll certainly trust your masterpiece gadgetry on this. and you’d just flip your ‘make-everything-possible’ smartphone to start working with those office documents.

Microsoft recently announced the Microsoft Office 2010 for iPhone. The iPhone Ms office 2010 is aimed at bringing two core functionalities – it will work like the traditional ms office software suite as well as a web application.

Microsoft declared that the Office 2010 Web Apps version will be free to download and will work with Safari 4 browser on iPhone 3G and iPhone 3GS. While users may be able to access the files, open and view them, this version will not allow file manipulation.

Users will have to use Office Mobile 2010 to create new documents or edit the existing ones, which is a paid version of Office 2010 for iPhone. However, you can edit as well as create documents using Office Mobile 2010 if you are running Windows Mobile 6.5 operating systems on your phone.

There are already a couple of softwares for iPhone which support office documents, for instance, Document to go iPhone app, which can handle all these tasks easily, and even Google Docs is profoundly popular, both of which may give some good competition to iPhone Office 2010.

This iPhone Office 2010 is scheduled for launch in June 2010, presumably parallel to the launch of its original desktop productivity suite or sometime around. We’ll hit back with an update with launch price and further tech details as soon they are announced. Stay Tuned!