Word: microsoft
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When a company's revenues grow 17%, as Microsoft's did in the past quarter, it might seem a little churlish to suggest its glory days are over. Its chairman, Bill Gates, even reclaimed his title as the world's richest man, after a widely published story claiming that the founder of Ikea had replaced him turned out to be so many Swedish meatballs. And Gates' baby, based in Redmond, Wash., is still by far the largest software maker in the world, with a healthy $56 billion in the bank and revenue conservatively expected to rise 5% next year...
Answer: quite a lot. When you fly as high as Gates & Co. did during the 1990s, growing an average 36% annually, maintaining that altitude is nearly impossible. So Microsoft's growth rate is now no larger than that of the PC industry as a whole. Its stock price has stalled at 1998 levels. A new version of its flagship Windows product, once expected as early as 2003, may ship in 2006, lacking many of the cool new features Microsoft had hoped to include. By then, Windows is expected to be squaring off against its toughest challenge to date, from Linux...
...Microsoft began its 30th year last month, investors wondered whether it's a little long in the tooth. "It's clear that Microsoft doesn't see itself as a high-growth company anymore," says Matt Rosoff, a financial analyst with Directions on Microsoft, based in Kirkland, Wash. "The boom days are over." Last year Microsoft CEO Steve Ballmer started giving employees stock grants instead of stock options--a sure sign that the share price is flatlining. Ballmer okayed a minuscule dividend for shareholders, but he has resisted calls to let them dip any further into the $56 billion cookie...
Computers running Windows 2000 or XP are vulnerable until they receive the Microsoft virus update download, available to Harvard staff and students on the Faculty of Arts and Sciences Computer Services (FASCS) website. Macs and earlier versions of Windows are safe...
...used the school's 85-ft. telescope to search for alien signals. She later became a scientist for NASA's High Resolution Microwave Survey, which conducted similar research. This experience has led her to bring imagination to her work. With the help of a $25 million endowment from Microsoft cofounder Paul Allen, she and the other SETI scientists are developing a new telescope array--a collection of up to 350 steerable dish antennas, electronically combined to do the work of a far bigger 115-meter antenna. An even more powerful dish array is being planned. The odds of finding anything...