iWrite is almost certainly a consumer-level word processing program, a replacement for AppleWorks' word processing component and an analog to MS Works - somewhat like Nisus Writer Express. It is very unlikely that it is a full-fledged "pro" WP package - that, if it ever comes, will probably be called something like "Document," and won't come out until at least a year or so after a Microsoft product it would be intended to compete with.
Apple already has a counter to Access: FileMaker (the company FileMaker is a wholly owned subsidiary of Apple, isn't it?). It's got a counter to Powerpoint: Keynote. Throw in a counter to Excel and the rumored "Document," and you've got an Office replacement. But I expect such a suite would only come out in the wake of an MS decision to cut MS Office for Mac.
Apple already has a counter to Access: FileMaker (the company FileMaker is a wholly owned subsidiary of Apple, isn't it?). It's got a counter to Powerpoint: Keynote. Throw in a counter to Excel and the rumored "Document," and you've got an Office replacement. But I expect such a suite would only come out in the wake of an MS decision to cut MS Office for Mac.