QuickOffice, a Microsoft Office like alternative for mobile devices, is going to come to the iPhone as well.
“Quickoffice is excited about the potential enterprise focus of the iPhone SDK. We’re excited to bring our Office suite, already under development, to iPhone users. We look forward to selling our award-winning application through Apple’s approved distribution process.”

This would bring alternative not only to Microsoft word but to Google docs as well, which is only available when you have an internet connection.
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