While Microsoft continued to dominate the desktop and business markets, Apple went on to lead the pack in mobile, which is where the proverbial puck was heading.Apple has sold more than 85 million iPhones since its inception, including 26 million in the second quarter of 2012, good for a 16.9 percent share of the worldwide market, according to IDC. Microsoft was also missing in action when Apple unveiled the iPhone in January 2007 - and then another game-changer in the form of the iPad in March 2010. ![]() But the tables turned with the advent of what Jobs would later describe as the "post-PC era." It was a crucial time period and Microsoft missed the significance of the iPod and later, the arrival of iTunes. Back to the future: Apple and Microsoft on collision course, againīy 1997, Jobs was again CEO of the company he co-founded and Apple was back in business, but with a small "b" compared to Microsoft.At the end of its fiscal year for 1997, Apple had lost $1 billion on $7.1 billion in mostly hardware sales.For its fiscal year, Microsoft posted revenues of $11.36 billion with $3.45 billion in net income selling software bits.
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