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Terms Practically unheard of before 1995. IPO: Initial Public Offering OS: operating system VC: venture capital Hacker ISP: Internet service provider URL: uniform resource locator WWW. More on terms (pre 1995). Http: hypertext transfer protocol dot-com e-commerce
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Terms Practically unheard of before 1995 • IPO: Initial Public Offering • OS: operating system • VC: venture capital • Hacker • ISP: Internet service provider • URL: uniform resource locator • WWW
More on terms (pre 1995) • Http: hypertext transfer protocol • dot-com • e-commerce • PDA: personal digital assistant • flame: now outdated term for berating • AOL
Only five years ago (1995) • Windows 95 appeared, making IBM-based PC easier to use • PC penetration jumped from 59 percent in 1995 to 82 percent today • 70 percent of these users have access to the Internet (30 percent increase since 1997) • Netscape and little known companies such as AOL, Amazon, and Yahoo became the talk.
All of a sudden in 1995 • People began talking about: • junk email • personal home pages • ecommerce
In just 5 short years • Technology has gone mainstream, changing our culture, our lives and our imagination • Microsoft sold a stunning $700 million worth of software in the first 24 hours of the release in Aug 24, 1995 of its Win 95 operating system--on the strength of one promise--it was easy to use. • 57.1 million PCs shipped that year
Today • 88 percent of home desktop computers run on the Windows operating system • Netscape Communications Corp. taught millions of computer users to download its Navigator browser off the net, forever altering software distribution.
Prior to Aug 9, 1995 • The net seemed to exist largely to provide local news anchors with sensational headlines • Netscape was the driving force--a little startup company giving away a free Web browser • Netscape stock opened at $71 per share, closed at $52.63 with a market cap of $2 billion the first day of trading
Then (1995) • Computers with Intel 486 processors, 540 MB hard drives, and 8 Mb of Ram are hot! • 28.8 modems are considered really hot! • 24 million Americans on the net • AOL competes with CompuServe, Prodigy, and countless other local ISPs to connect to the net • Justice Department settles antitrust dispute with Microsoft
Now (2000) • Computers with Intel 1.13 GHz processors, 45 GB hard drive and 256 MB RAM • Cable modems and DSL leave dial-ups in the dust • AOL buys Time Warner after buying Compuserve and Netscape • 137 million Americans surf the net • 304 million people worldwide have access to the net • The Justice Department would settle for Bill Gates’ head on a plate
News Flash! • Microsoft system compromised by hacker • Microsoft stated they watched the hacker for five days compromise their system (what is this??) • Judge Jackson has stated that he will remove himself from the Microsoft case if the appeal is turned back to his court
The future • Since 1995, Netscape has seen its market share dwindle from 80+ percent to 14 percent as Microsoft’s Internet Explorer has taken over • Apple is now a dinosaur, iMacs bloom • PC revenues have dwindled • the operating system will disappear
Enter Larry Ellison and the NICC • The New Internet Computer connects to the web and delivers email without the hassles of booting up, launching applications, or staring for long minutes at the Windows launch screen • A simple, inexpensive device • These new uncomplicated devices won’t do windows (a prediction)
For now, Size matters • Five years ago the biggest hard drive was 1 GB of storage • The newest hard drive is 80 GB • Five years ago, 1 GB hard drive sold for $500 • Today, 80 GB sells for $349
80 Gig, what fits on an 80 GB hard drive? • 11.5 million copies of a standard newspaper article 2 pages in length. • 123 CDs (6 days of solid listening) • 20,000 four minute MP3 songs (55 days of solid listening) • 32 low-quality home movies averaging 2.5 hours each • 10 high quality DVD movies averaging 2.5 hours each • 8,000 high-resolution digital photos • a stack of documents 20 times taller than the Washington Monument
What is happening • Revenue in the $25 billion industry has been shrinking • Competition has forced companies to make do with very low margins • Hard drive manufacturers make products that people don’t necessarily want or need • Right now, the general population will never use more than 40 GB
The Future • Advances in computer speeds, fast Internet access and home networking will bring some relief to the hard drive industry • People are going to skip over voice emails and go straight to video emails • The world is going digital and relief will come from the burgeoning market of hard drives for non-PC devices, • Web TV, Tivo, Replay TV, gaming devices, copy machines, automobiles, refrigerators that track groceries and order replacement inventory over the Internet
Group Project • Page 137 Group Project • Page 173 Group Project