Microsoft has been offering its online version of Office called Office 365 for a while. Microsoft first envisioned this as a way to get people to pay for constantly updated productivity programs rather than buying a copy of Office once and never upgrading.
Microsoft announced this week that it was cutting the price of Office 365 for individual users. That subscription is called Office 365 Personal. Currently Microsoft Office 365 Premium for households sells for $9.99 monthly and lets users access the service on up to five computers.
Some people don't have that many computers or that money people needing access. Office 365 Personal will cost a bit less at $6.99 per month or $69.99 annually for one user. Office 365 Home Premium is getting a name change to Office 365 Home.