MICROSOFT TAKES TUMBLE OVER WINDOWS FUMBLE.Byline: Linda Ashton Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Microsoft Corp. stock dropped as much as 7 percent Monday on news that the next generation of its Windows 95 operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. may not be on the market until next year. Microsoft recovered about half its loss by the close Monday, finishing at 90-1/8, down 3-7/8, on the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . Wall Street's response ``made me somewhat unpopular in the first meeting of the day,'' said Jonathan Roberts
Jonathan Roberts (August 16, 1771 – July 24, 1854) was an American farmer, wheelwright, and politician from Montgomery County, Pennsylvania. , director of product marketing at Microsoft. A test version of the upgrade, code-name Memphis, will be ready in July, but the date for a final release will depend on feedback and how long it takes to make changes in the software. The Windows upgrade will include improvements that would let users see files in the same format as World Wide Web pages, Roberts said. The new version will include a browser upgrade, Internet Explorer Microsoft's Web browser, which comes with Windows starting with Windows 98. Commonly called "IE," versions for Mac and Unix are also available. Internet Explorer is the most widely used Web browser on the market. It has also been the browser engine in AOL's Internet access software. 4, which also is available as a stand-alone. Microsoft hopes to have it available for the fall. |
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