This meant that for every IBM Computer sold a royalty was paid to Microsoft. Microsoft's big break was in 1980, when a partnership was formed with IBM which resulted in Microsoft providing a crucial operating system, DOS, for IBM PCs. Their revenues for 1975 totalled $16,000. The successful Altair deal back in January 1975 inspired Bill Gates and Paul Allen to form Microsoft. Although the company recognised that they had a major presence in consumer markets as technology advances. Microsoft’s primary strengths and most of its profits were obtained from the business side.
Although there was some concern over Ballmer’s ability, Microsoft retained its top spot in both business and personal computer markets. Bill Gates had met Steve Ballmer at Harvard University before he left. In 2000 Steve Ballmer was appointed the new CEO of Microsoft. Microsoft is engaged in developing, licensing and supporting a range of software products and services catering to different requirements.
So how did Microsoft become so successful? It is also one of the most valuable companies in the world. Formed by Harvard College dropout, Bill Gates and his childhood friend Paul Allen, Microsoft has now become the biggest software company. Microsoft is an American multinational computer technology corporation whose history started 4th April 1975.
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