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...mention profitable) is that the company also dominates the market for almost every big-ticket application program, like word processing (Microsoft Word), electronic spreadsheets (Excel), filing (Access), scheduling (Project) and the new all-in-one program "suites" (Office). Microsoft's Flight Simulator is one of the best-selling PC games of all time. Microsoft's electronic encyclopedia (Encarta) outsells the Encyclopaedia Britannica...
Financially, the company couldn't be more secure. Microsoft's revenues for 1994 were nearly $5 billion, more than all its competitors' in the PC-software business combined. Its market value tops $40 billion, more than that of companies 10 times its size. It employs 16,400 people-one-third of them women-in 49 countries. Thousands of current and former Microsoft employees have become millionaires, at least on paper, and three are billionaires...
...thing to bring to the computer-software business, where shifting alliances, rapid technological changes and intricate co-dependencies make plotting long-term strategies hazardous. For example, Software Arts, which invented the electronic spreadsheet, lost its market to Lotus because it failed to anticipate the impact of the IBM PC. Lotus, in turn, failed to recognize the importance of Windows and the Mac, and was overtaken by Microsoft...
...other hand, this year could end in what Tom Zito, president of Digital Pictures, calls "a PC Christmas," in which parents opt for CD-ROMS that play not on the new game systems but on their home computers. Already 10% of U.S. households have PCs or Macs equipped with CD-ROMS, and that figure is expected to double this year. (By comparison, 30% of U.S. homes own video-game players...
...Richard Schaar, a vice president at TI: "Equity is certainly a critical issue, but the graphing calculator is a relatively affordable solution to the need for equipment and technology in the classroom. Think about a computer system. How many graphing calculators can you get for the cost of a PC...