Microsoft offers rental option for Office software

Microsoft offers rental option for Office software

Wall Street Journal: Microsoft is offering a new version of its popular Office software bundle for a monthly rental fee.

Microsoft is pushing hard to get most people to opt for Office 365, as the subscription version is known, for an upfront annual fee of $99.99, or $9.99 a month for a pay-as-you-go option. (People buying Office along with a new computer can pay a $79.99 annual subscription for Office 365.)

Microsoft says subscription Office users will get first crack at new features and updated services as often as every three months, and Microsoft is giving those users more Web-friendly options, including larger online-file storage capacity and free minutes on Microsoft's Skype video-calling service. All Office users have the ability to access Office files on computers with a Web browser.

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