Excel 2007 fails math test

Yesterday evening we were alerted to an issue in Excel 2007 (and Excel Services 2007) involving calculation of numbers around 65,535. The first example that we heard about was =77.1*850, but it became clear from our testing as well as additional reports that this was just one instance where Excel 2007 would return a value of 100,000 instead of 65,535

http://blogs.msdn.com/excel/