Timely and long NYT Microsoft reality check
Competitors once feared and respected Microsoft. Now they simply respect it. And as Microsoft prepares to unveil new versions of its desktop operating system and office programs on Tuesday it finds itself facing emboldened competition, even uncertainty. With the Internet revolution upending business models across a broad swath of industries, Microsoft itself is feeling the heat. The challenges that the company confronts today are different from those of the past, and its market power in the personal computer business matters less than before.