That is important, given the M1 does not support Boot Camp.

With Apple’s processor based on an ARM reference design, this bodes well (though it is no guarantee) that Microsoft may plan to introduce Windows that can be supported by Parallels on the new chip. However, Parallels does point to a recent Microsoft note, which stated: “We are excited about the momentum we are seeing from app partners embracing Windows 10 on ARM.” Parallels says work on the solution continues, but it has nothing to announce concerning Windows support. Parallels has confirmed it is working to introduce a native build of its eponymously named virtualization software for Macs. As demonstrated by Apple at WWDC, this will let users run Linux builds on Macs. This is not all that’s going on in terms of support for Apple’s M1 Macs for Microsoft products. “In the future, we will natively support both Apple Silicon and Intel chipsets within the same executable,” the company said. Office users may not have too long to wait until true support for M1 Macs is baked inside Microsoft’s productivity suite. Microsoft demonstrated Apple Silicon native builds of its apps at WWDC and is now working on moving Mac apps to universal binaries, so the same installer works on both Intel and Apple Silicon Macs End-users and business customers can use existing methods to install and deploy Office.” Microsoft states: “This translation layer is automatically enabled in macOS Big Sur and provides users with access to all features in Microsoft's apps including support for third-party add-ins. This delay won’t take place the next time you open that app. Microsoft does warn that users will encounter a slight delay the first time they launch an Office app as the OS generates optimized code to make it run on Apple Silicon.

Microsoft office for powerpc mac