Tuesday, December 17, 2019

Microsoft History - 1423 Words

Background The beginning of Microsoft Inc. started with Bill Gates and Paul Allen writing computer program code for local businesses and municipalities. In 1975 they were inspired by an issue of Popular Electronics that showed the new Altair microcomputer kit, manufactured by MITS Computer. Bill Gates and Paul Allen wrote a version of BASIC, a computer programming language, for the machine. Later that year Bill Gates left Harvard University to work full time developing programming languages for the Altair, and he and Paul Allen relocated to Albuquerque, New Mexico, to be near MITS Computer, where Paul Allen took a position as director of software development. Bill Gates and Paul Allen named their partnership Micro-soft (Microsoft†¦show more content†¦They encourage professional development by reimbursing tuition and textbook fees for approved work-related courses (Microsoft.com, 2008). Financial INCOME STATEMENTS (In millions, except per share amounts) Year Ended June 30 2007 2006 2005 Revenue $51,122 $44,282 $39,788 Operating expenses: Cost of revenue 10,693 7,650 6,031 Research and development 7,121 6,584 6,097 Sales and marketing 11,455 9,818 8,563 General and administrative 3,329 3,758 4,536 Total operating expenses 32,598 27,810 25,227 Operating income 18,524 16,472 14,561 Investment income and other 1,577 1,790 2,067 Income before income taxes 20,101 18,262 16,628 Provision for income taxes 6,036 5,663 4,374 Net income $14,065 $12,599 $12,254 Earnings per share: Basic $001.44 $001.21 $001.13 Diluted $001.42 $001.20 $001.12 Weighted average shares outstanding: Basic 9,742 10,438 10,839 Diluted 9,886 10,531 10,906 Cash dividends declared per common share $000.40 $000.35 $003.40 Attached is an Income Statement from 2005 to 2007 (Microsoft Corporation Annual Report, 2008). As you can see, revenues and net income have continued to increase over the years. Earnings per share have increased as well. This shows that Microsoft is in a good financial standing. This means they are able to pay their shareholders and increase what theyShow MoreRelatedMicrosoft And Microsoft s History Essay3292 Words   |  14 Pages Microsoft Corporation 1. Microsoft’s History: Bill Gates established Microsoft (initially named Micro-Soft) in 1975 in the wake of dropping out of Harvard at 19 years old and collaborating with High School companion Paul Allen to offer a rendition of the programming dialect BASIC. Entryways moved Microsoft to Seattle in 1979 and started creating programming that let other compose programs, in this manner the cutting edge PC was conceived in 1980 when IBM pick Microsoft toRead MoreEssay on The History of Microsoft4561 Words   |  19 PagesThe History of Microsoft Historians categorize blocks of time with the discovery of certain raw materials that humans utilized. 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