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Well the iPad is more of a word processor in that you can use it to type up docs etc etc.
Maybe there is an existing if not planned App to allow full use of an excel sheet.
EDIT...
There you go, Krispwee beat me to it, was just about to visit the apple site.
Indeed.
It will be able to open/view the documents but you will need an App to edit one. Not sure if one currently exists. No doubt there will be one for the iPad in the near future if there isnt.
Looks like my Mobo is out of date aswell...
http://www.scan.co.uk/Products/Asus-Rampage-III-Extreme-ROG-X58-S1366-DDR3-(2200-OC)-SLi-Xfire-USB3-SATA-6Gbps-8Ch-Audio
lol :(
Here is a nice 6 Core CPU for you ;)....
http://www.scan.co.uk/Products/Intel-Core-i7-980x-Extreme-Gulftown-32nm-6-Cores-333GHz-QPI-64GT-s-12MB-Cache-130W-Retail