Plenty of people, including some of us at TUAW, thought an updated iWork suite would debut alongside iLife at the recent "Back to the Mac" event. iWork was a no-show at that event, however, and AppleInsider claims it's because Apple is holding off on a release of iWork '11 until the launch of the Mac App Store in January.
AppleInsider notes that images shown during the event showed each iWork application available for individual purchase at US$19.99 each on the Mac App Store. Even purchased separately at this price, the three applications that make up Apple's iWork suite (Pages, Keynote, and Numbers) would cost less than Apple's current $79 price for the iWork '09 bundle.
Precedent exists in this area: iP
