There are millions of Microsoft Office 365 users. This can be installed on one Windows or Mac PC, so it's bound to that PC, not to the user. With the perpetual license, one can run that version of Microsoft Office for as long as they want, even after Microsoft stops releasing security updates for that version. Microsoft Office's perpetual version or the standalone version can be purchased with a one-time payment, as part of a volume licensing deal, instead of paying monthly subscription fees. What is Microsoft Office's latest perpetual version? It's gonna hit the market on 5th October 2021, alongside the new Windows 11. Now, this version of Office also has an official release date. Last year at Microsoft Ignite 2020 the company mentioned the release of the latest version of Microsoft Office on Windows and Mac OS through a post on its official blog.
