Microsoft's penalties with the European Union continue to grow, as the organization hit the Windows maker with another 561-million euro fine on Wednesday.

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A new forecast calls for worldwide PC sales to grow just 2 percent this year, held back by demand for Apple's iPad and a tepid response to Windows 8.

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Total Web usage of Apple's OS X operating system has exceeded Microsoft's Windows Vista, while for the first time, Windows 7 has topped Windows XP to become the world's largest operating system.

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A total of 25 million tablets were shipped worldwide in the second quarter of 2012 as Apple's iPad increased its market share, accounting for 68 percent of all shipments.

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Apple closed out 2011 with a commanding 52.1 percent share of mobile devices tracked browsing the Web, while Google's Android had just 16.2 percent.

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Following a Safari browser fix on Tuesday, Apple has issued updates to its Keynote presentation software and the iCloud Control Panel for iOS device owners using Windows PCs.

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Much like Apple did with the release of Mac OS X 10.7 Lion in July, Microsoft plans to make the simplest and easiest method of installing Windows 8 a download over the Internet.

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VMware on Wednesday announced the new VMware Fusion 4 virtualization software for running Windows on a Mac, packing more than 90 new features including a design built specifically for Mac OS X 10.7 Lion.

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Apple's line of Mac computers are seen making further market share gains in the coming years, growing to 4.5 percent of sales in 2011, and 5.2 percent of new PCs sold in 2015.

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After Microsoft on Thursday announced record revenue of $17.37 billion, analysts quickly voiced concerns over the news that revenue from the company's Windows division declined 2 percent in fiscal 2011.

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Microsoft Chief Executive Steve Ballmer this week boasted that sales of Windows PCs continue to vastly outperform the Mac, but also conceded that his company's mobile phone business has not done much to improve its market share.

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After Microsoft CEO Steve Ballmer appeared to confirm earlier this week that the next generation of Windows will arrive next year, a spokesperson has clarified the comments as "a misstatement."

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An early build of Windows 8 suggests that Microsoft may transition the next version of Windows to a cross-platform OS scalable across a variety of devices in hopes of competing with Apple's iOS platform, according to new reports.

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Apple this week released an update for its Boot Camp software for running Windows on Macs, and addressed an issues with shutdowns on the new 2011 Thunderbolt-equipped MacBook Pro models. But users also say the new update causes problems with adjusting screen brightness.

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The world's second largest PC maker Acer aimed at tapping into enthusiasm surrounding the iPad and MacBook Air with Iconia, its keyboard free, mobile touchscreen Windows PC notebook. The downside is that the product costs more than twice as much as the iPad and eats up a battery in less than three hours.

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After numerous analysts had predicted weakened income for Microsoft, the Windows maker surprised Wall Street Thursday by posting a quarterly profit of $6.63 billion, enough to stay ahead of Apple on earnings for the time being.

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Microsoft kicked off the Consumer Electronics Show Wednesday evening with a relatively subdued keynote that highlighted an upcoming update to Windows Phone 7 and demoed Windows on ARM's system-on-a-chip architecture.

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Reports from a variety of analysts predict a huge swell in tablet computer sales next year ranging from 35 to 100 million units in total, with Apple's iPad accounting for the largest number sold by far.

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The second-largest computer manufacturer in the world, Acer, is hedging its bets in the fight for tablet supremacy, with plans to take on the iPad with a 7-inch Android tablet, and two 10.1-inch devices -- one running Microsoft Windows.

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Microsoft has once again taken on Apple and the Mac platform in a new advertisement which touts the ability of a Windows 7 laptop to play Blu-ray discs, while a MacBook cannot.

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