MacRumors.com

As rumored, Apple released iWork '08. In addition to updated Keynote and Pages, Apple introduced a new application to the suite for spreadsheets called Numbers. iWork '08 is available today from the Apple Store (UK Store) for $79.

Keynote
-New text effects, transitions, themes
-Instant Alpha: take out the background of a photo
-Smart Builds: create your own animations

Pages
-Modes for word processing and page layout
-Contextual format bar
-Change tracking (compatible with MS Word)
-140 Apple designed templates

Numbers
-"Spreadsheets for the rest of us"
-Intelligent tables, readable formulas
-Can make gorgeous looking spreadsheets quickly
-Templates
-Import/Export Excel documents

A downloadable demo is now available for 30 days. Of interest, Apple's iWork Suite supports Open XML (Office 2007) documents.