NYNEX, Philips plan 'screen phone' systemIn another step...


January 25, 1993

NYNEX, Philips plan 'screen phone' system

In another step aimed at making telephones operate more like computers, NYNEX Corp. and a unit of Philips Electronics NV said last week that they will develop a screen telephone system that will make it easier to bank and shop from home.

Users will be able to see text on a screen while simultaneously hearing directions from their bank, a catalog shopping service or other information services, such as electronic white pages.

Software giants ruled industry in 1992

The world's biggest software companies gobbled up almost three-fourths of the market during 1992, in a trend toward industry consolidation that is likely to continue.

The top five manufacturers accounted for almost 74 percent of all personal computer software revenues in 1992 -- up from 60 percent the year before, according to figures released last week by Dataquest, a high-tech consulting firm in San Jose, Calif.

By far, the biggest single share of the market -- 44 percent -- went to 1Seattle-based Microsoft Corp., maker of the DOS and Windows operating systems and other programs.

"This [consolidation] has been going on for a while, because the barriers to entry into the software business have gotten very high," said Bruce Lupatkin, a software analyst with Hambrecht & Quist in San Francisco.

Overall, software sales grew by 30 percent last year -- from $5.9 billion in 1991 to $7.6 billion in 1992, according to Dataquest.

Much of that growth was linked to the continuing switch to the Windows operating system by users of IBM-style personal computers. Consumers bought $2.9 billion worth of programs designed to run on Windows, a huge increase over the previous year's total of $849 million.

Sales of Macintosh programs also rose, from $608 million in 1991 to $932 million in 1992.

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