Preview at WWDC likely in June, followed by September launch.
Office 2016 for Mac Now Available as One-Time $150 Purchase
The standalone version of Office 2016 for Mac features offline storage and 15GB of OneDrive cloud storage, but lacks Outlook, Publisher, Access, tablet and phone support, 60 minutes of Skype calling, instant updates and technical support included with the Office 365 version.
Office Home & Business 2016 for Mac is also available for $229.99 and includes Word, Excel, PowerPoint, OneNote and Outlook on one Mac. Comparatively, subscription-based Office 365 Personal and Office 365 Home cost $69.99 per year and $99.99 per year respectively.
Office Home & Business 2016 for Windows is also now available through Office 365 for between $69.99 and $99.99 per year, or as a one-time $229.99 purchase. Office Professional 2016 for Windows is also available with Publisher and Access for $399.99. Windows 7 or later is required.