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After selling 500 million PCs over the past 20 years, the computer industry is seeing sales decline for the first time ever. Before Sept. 11, research firm IDC was predicting unit shipments in 2001 would slide 6.3% from last year, to 45.3 million, and the terrorist attacks could push fall sales down further. Dell, Compaq and the rest of the PC companies have so far cut--or announced plans to cut--46,000 jobs this year, or about 12% of the industry's payroll. Chipmakers have it worse. Their worldwide revenue is expected to plunge 20% to 30% this year...

Author: /time Magazine | Title: The Software Savior? | 10/29/2001 | See Source »

Because the Windows system operates more than 90% of all PCs, new versions of the software have traditionally jump-started sales industry-wide by getting people into the marketplace. When Windows 95 came out, consumers lined up outside computer stores at midnight to get it; they wound up buying PCs, laptops and software like video games. In the first few months consumers bought more than 7 million copies, either as upgrades or installed on new computers. "Most of the past releases of Windows drove the market to the next level," says Kevin Winert, a marketing executive at Compaq. "We would...

Author: /time Magazine | Title: The Software Savior? | 10/29/2001 | See Source »

American Express Bank, which lost none of its 350 employees despite the destruction of its offices at 7 World Trade Center, relocated to three underground bunkers across the Hudson River in Weehawken, N.J. Plastic was peeled off standby PCs. Backup computer tapes were sent in by messenger. Plans were in place to reroute communications from international banking networks, but by the time the system was up, operators were hours behind. "You cater to the worst scenario, but this was worse than we had planned for," says Norman Gilchrist, head of global operations. Yet within 12 hours of the attacks...

Author: /time Magazine | Title: Corporate Security: Girding Against New Risks | 10/8/2001 | See Source »

Voicestream is the most recent in string of cellular providers who have set up shop in the Square. Within a few blocks of the store are Cingular Wireless, located at 22 Eliot Street, and Sprint PCS, which is at the corner of Church and Brattle Streets. Both stores have had little trouble finding customers, especially the Sprint branch, which has proved to be a goldmine for the company. Mark Duncan, Director of Marketing for New England, couldn’t be more pleased. “We are very happy,” he says...

Author: By Mollie H. Chen, CRIMSON STAFF WRITER | Title: Ready for This Celly? | 9/27/2001 | See Source »

Dozens of institutions, from cafes to lumbering corporations, have already made it possible to link PCs and notebooks to the Internet without wires. If you have the right expansion card on your laptop, you can walk into a Starbucks in New York City today and, for a small fee, browse the Net over a high-priced cup of coffee. This revolution has also made its way into airport terminals and the homes of technophiles sick of tripping over cables...

Author: /time Magazine | Title: Net Net: Wi-Fi Gets Going | 9/17/2001 | See Source »

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