Word: gnostic
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Dates: during 1980-1989
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...tedious work writing a computer program. As a result, the business of supplying prerecorded software for the micros has grown from almost nothing in 1977 to an estimated $250 million this year, and sales of $1 billion are projected for 1985. Says Jean Yates, a senior analyst at Gnostic Concepts, a consulting firm based in Menlo Park, Calif.: "It's like having a record player. People buy one record player, but they keep buying records year after year." Currently software takes only between 100 and 150 of every dollar spent on hardware. By 1985 the proportion is expected...