Microsoft CEO Satya Nadella To Unveil Office Version of iPad on March 27

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More details on the development of a Microsoft Office version for iPad have emerged. According to reports, Microsoft chief executive Satya Nadella could be unveiling a brand new iPad version of the company's Office software suite as soon as March 27.

According to a source with inside knowledge on the matter, the new CEO will be using his first major press exposure to launch the company's most profitable product for Apple's popular tablet.

As revealed to Reuters on the matter, Nadella, who replaced previous CEO Steve Ballmer earlier this year, will look to address the media and industry executives in San Francisco on March 27.

Tech blog Re/code was the first to report the news of Nadella's forthcoming event. Microsoft said in an invitation to reporters that Nadella will be discussing "news related to the intersection of cloud and mobile" but refused to comment on the specifics of the CEO's appearance.

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"Microsoft has had iPad and iPhone versions of Office primed for several months now, sources told Reuters, but the company has dallied on their release due to internal divisions, among other things," the Reuters report further states.

And although Nadella is expected to discuss about the new offering in depth next week, the company has already made it clear that it will adopt a more liberal attitude when introducing its software on different platforms.

All this sounds quite lucrative for Microsoft, if eventually things start falling in place. Previous to this, analysts had estimated that Microsoft loses out on some $2.5 billion a year in revenue by keeping Office off the iPad, which has now sold almost 200 million units.

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However, more information on the matter is expected to be made public via Microsoft's CEO when we takes the stage in San Francisco on March 27.

Read More About microsoft | satya nadella | apple | iOS | ipad | microsoft office | news

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