Details are light on this one but we’ve got it through a very reliable source that Apple will indeed be releasing the long awaited spreadsheet application as part of iWork ’08 tomorrow. It is supposed to be a “whole new way to work with spreadsheets.”  Also noted were the tie-ins between iWork and the .Mac service that Apple provides for $99/year. In the past rumors have circulated about a Google Hosted agreement with .Mac and it isn’t certain if Google Docs and spreadsheets will also be tied in.

Update: Macrumors is reporting on .Mac being down for tomorrow’s event

Due to scheduled maintenance, .Mac members might be intermittently unable to access some .Mac services from 10 AM to 12 PM PDT on 08/07/2007. We apologize for any inconvenience.

‘Charts’ and ‘Numbers’ have been thrown around as names for the new application but our source was unable to confirm or deny the name of the product.
Personally we like Sheetz…

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