Changes

The idea of establishing Microsoft began in 1971 when Paul Allen found an article in an electronics magazine about Intel's 4004 chip, the world's first microprocessor. Allen thought that this microprocessor will become better and better. After a year, Intel came up with 8008. That gave Allen and Gates the idea on How Moore's Law really worked-each generation of microprocessor chip was twice as fast as the previous.They decided to buy the 8008 microprocessor which became the core of a special computer designed to do traffic volume count analysis and which they would to traffic departments. Allen and Gates formed Traf-O-Data, their first company.<ref>[http://money.cnn.com/magazines/fortune/fortune-archive/1995/10102/206528/index.htm money.cnn.com]</ref>

The idea of establishing Microsoft began in 1971 when Paul Allen found an article in an electronics magazine about Intel's 4004 chip, the world's first microprocessor. Allen thought that this microprocessor will become better and better. After a year, Intel came up with 8008. That gave Allen and Gates the idea on How Moore's Law really worked-each generation of microprocessor chip was twice as fast as the previous.They decided to buy the 8008 microprocessor which became the core of a special computer designed to do traffic volume count analysis and which they would to traffic departments. Allen and Gates formed Traf-O-Data, their first company.<ref>[http://money.cnn.com/magazines/fortune/fortune-archive/1995/10102/206528/index.htm money.cnn.com]</ref>

===Altair Basic==

===Altair Basic===

In 1973, Allen read an article from a popular electronics magazine about Altair 8800, the world's first microcomputer kit. Allen and Gates took it as a big opportunity. They wrote Altair BASIC, a true programming language, and the first commercial Microsoft computer product.<ref>[http://oldcomputers.net/altair.html Altair Basic]</ref> In 1975, the two persuaded MITS to sell Altair Basic. Allen and Gates signed their first contract with MITS as "Paul Allen & Bill Gates doing business as Micro-Soft.</ref>[http://news.bbc.co.uk/2/hi/business/5085630.stm Micro-Soft]</ref> Allen and Gates shared the title General Partner. In 1977, Gates held the title president and Allen, vice-president. They decided to move the company headquarter from Albuquerque, New Mexico to Bellevue, Washington in 1979. [[Steven Ballmer]] joined the company the following year as first assistant to the president. His primary responsibility is to establish policies and procedures in the financial, organizational, and resource allocation areas.<ref>[http://www.thocp.net/companies/microsoft/microsoft_company.htm www.thocp.net]</ref>

In 1973, Allen read an article from a popular electronics magazine about Altair 8800, the world's first microcomputer kit. Allen and Gates took it as a big opportunity. They wrote Altair BASIC, a true programming language, and the first commercial Microsoft computer product.<ref>[http://oldcomputers.net/altair.html Altair Basic]</ref> In 1975, the two persuaded MITS to sell Altair Basic. Allen and Gates signed their first contract with MITS as "Paul Allen & Bill Gates doing business as Micro-Soft.</ref>[http://news.bbc.co.uk/2/hi/business/5085630.stm Micro-Soft]</ref> Allen and Gates shared the title General Partner. In 1977, Gates held the title president and Allen, vice-president. They decided to move the company headquarter from Albuquerque, New Mexico to Bellevue, Washington in 1979. [[Steven Ballmer]] joined the company the following year as first assistant to the president. His primary responsibility is to establish policies and procedures in the financial, organizational, and resource allocation areas.<ref>[http://www.thocp.net/companies/microsoft/microsoft_company.htm www.thocp.net]</ref>

===Initial Public Offering===

===Initial Public Offering===

On March 14, 1986, Microsoft went public and traded more than 3.58 million shares. The stock price was $21 per share during the opening day day and closed at $27.Co-founders Paul Allen and Bill Gates became instant millionaires during the offering.<ref>[http://blog.seattlepi.com/microsoft/2006/03/16/looking-back-microsoft-ipo-march-1986/ Microsoft IPO]</ref>

On March 14, 1986, Microsoft went public and traded more than 3.58 million shares. The stock price was $21 per share during the opening day day and closed at $27.Co-founders Paul Allen and Bill Gates became instant millionaires during the offering.<ref>[http://blog.seattlepi.com/microsoft/2006/03/16/looking-back-microsoft-ipo-march-1986/ Microsoft IPO]</ref>

==References==

==References==