Google spreadsheet app will not catch on

According to Om Malik, Google is rumored to be coming out with an online spreadsheet application tomorrow, but I don’t think it’s going to have much of an impact.

Why? Well, in my experience at least, everything I do in Excel is with data that I don’t want anyone, even Google (imagine that), to have a look at. 99% of the time I’m working with confidential client data, and the other 1% of the time I’m working with my own data that might as well be confidential!

I might be the exception, but I doubt it.

Why would a company like Google, who has in the past been so focused on the user, be ignoring spreadsheet users’ needs as it develops its spreadsheet product? Here’s CNET’s take on it as well: They seem to be psyched about the possibility of putting their confidential data in Google’s hands for some reason.

Maybe I’m missing something.