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It consistently earned profits of 25 cents on every sales dollar, an astonishing record. It also entered the information services and entertainment industries with a wide range of products and services, most notably the Microsoft Network and MSNBC (a joint venture with the National Broadcasting Company, a major American television network, which began in 1995 and ended in 2012).Īs a result, by the mid-1990s Microsoft, which became a publicly owned corporation in 1986, had become one of the most powerful brands and profitable companies in American history. Microsoft dramatically expanded its electronic publishing division, created in 1985 and already notable for the success of its multimedia encyclopaedia, Encarta.

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Microsoft also became the leader in productivity software such as word-processing and spreadsheet programs, outdistancing longtime rivals Lotus and WordPerfect in the process.

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In 1995 the company released Windows 95, which for the first time fully integrated MS-DOS with Windows and effectively matched in ease of use Apple Computer’s Mac OS. By 1993, Windows 3.0 and its subsequent versions were selling at a rate of one million copies per month, and nearly 90 percent of the world’s PCs ran on a Microsoft operating system. Microsoft deepened its position in operating systems with Windows, a graphical user interface whose third version, released in 1990, gained a wide following. Thereafter, most manufacturers of personal computers licensed MS-DOS as their operating system, generating vast revenues for Microsoft by the early 1990s it had sold more than 100 million copies of the program and defeated rival operating systems such as CP/M, which it displaced in the early 1980s, and later IBM OS/2.

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MS-DOS was released with the IBM PC in 1981. Microsoft purchased an operating system from another company, modified it, and renamed it MS-DOS (Microsoft Disk Operating System). In 1980 International Business Machines Corporation (IBM) asked Microsoft to produce the essential software, or operating system, for its first personal computer, the IBM PC. During the next few years, they refined BASIC and developed other programming languages. Shortly afterward, Gates and Allen founded Microsoft, deriving the name from the words microcomputer and software. Allen, two boyhood friends from Seattle, converted BASIC, a popular mainframe computer programming language, for use on an early personal computer (PC), the Altair. SpaceNext50 Britannica presents SpaceNext50, From the race to the Moon to space stewardship, we explore a wide range of subjects that feed our curiosity about space!.Learn about the major environmental problems facing our planet and what can be done about them! Saving Earth Britannica Presents Earth’s To-Do List for the 21st Century.100 Women Britannica celebrates the centennial of the Nineteenth Amendment, highlighting suffragists and history-making politicians.

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