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Till the date Revenue was increased to $22,496and the number of employees was extended to 7.On February 3 1977, a partnership agreement betweenPaul Allen and Bill Gates is officially executed. Their mainproduct is still BASIC, but it's tied up with MITS, which hasagreed to make a "best effort" to license it to other companies.Bill Gates and Paul Allen shared the title of general partner until 1977, when Bill Gates became president and Paul Allenvice president of Microsoft Corporation with Revenue of $381,715 and 9 Employees (Steve Wood, Bob Wallace, JimLane, Bob O'Rear, Bob Greenburg, Marc McDonald, GordonLetwin, Bill Gates, Andrea Lewis, Marla Wood & Paul Allen).Steve Jobs and Stephen Wozniak, one of the Contendersof Microsoft stands as a challenging competitor. Theyintroduces the Apple I personal computer, for only$666.66.Steve Jobs and Stephen Wozniak build the first singlecircuit board PC complete with video interface and 8K of RAMand a keyboard out of the garage and into the history book.Another competitor IBM arises with a cheaper personalcomputer for individual. In 1981 Microsoft rides the wave of the IBM PC with versions of BASIC, COBOL, and Pascal. SteveJobs of Apple visits Microsoft to give a sneak preview of therevolutionary Macintosh computer. Microsoft becomes the firstmajor company to develop products for the Mac.On June 25, 1981 Microsoft reorganizes into a privatelyheld corporation with Bill Gates as President and Chairman of the Board, and Paul Allen as Executive Vice President. Microsoft

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becomes Microsoft, Inc., an incorporated business in the Stateof Washington with Revenue of $16,000,000 and 128 Employees.In 1982 Revenue increases to $24,486,000 with 220 employees.In 1985 Microsoft introduces a new wide selection of mini-applications of software packages:-

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MS-DOS Executive

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Calendar

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Cardfile

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Notepad

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Terminal

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Calculator

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Clock

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Reversi (a strategy game)

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Control Panel

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PIF (Program Information File) Editor

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Print Spooler

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Clipboard

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RAM Drive

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Windows Write

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Windows Paint

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which increases it Revenue to $140,417,000 with 910employees. Now Microsoft ships its one-millionth unit of Multiplan.On April 2 1987, Microsoft announces MicrosoftOperating System/2 (MS OS/2) a new personal computer operating system. It has been designed and developedspecifically to harness the capabilities of personal computersbased upon the Intel 80286 and 80386 microprocessors. It isplanned for phased release to OEMs in the fourth quarter of 1987. This is the first product to be announced as a result of the Joint Development Agreement between IBM and Microsoftannounced in August, 1985. Till now Microsoft has expandedhis Business to Massive figure holding about 60% of USACapital.

EMPLOYEES

As of June 30, 2006, Microsoft has employedapproximately 71,000 people on a full-time basis, 44,000 in theUnited States and 27,000 internationally. Of the total, 28,000were in product research and development, 21,000 in sales andmarketing, 13,000 in product support and consulting services,2,000 in manufacturing and distribution, and 7,000 in generaland administration. Its success is highly dependent on its ability toattract and retain qualified employees. None of its employees aresubject to collective bargaining agreement

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PROPERTIES

Microsoft corporate offices consist of approximately11.0 million square feet of office building space located in KingCounty, Washington: 8.5 million square feet of owned space that issituated on approximately 500 acres of land it own in its corporatecampus and approximately 2.5 million square feet of space itlease. Microsoft own approximately 533,000 square feet of officebuilding space domestically (outside of the Puget Sound corporatecampus) and lease many sites domestically totaling