Apple Accounting Software?

SpyMac claims that Apple is working on a home accounting application:

Apple is said to be completing development on a new home accounting application that will be sold and bundled with other office products.

The application is expected "later this year", and is the first word of such an application coming from Apple.

A revamp of AppleWorks has been rumored for some time - with indications that Apple acquired part of the team responsible for GoBe Productive - an office suite for BeOS/Linux/Windows.

Many readers noted that AppleWorks has seen a small "point" upgrade to 6.2.7 (with a new box) in the Apple Store - but no official announcement of the upgrade.