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July 25, 1994

MICROSOFT COMES CLEAN: NO CHICAGO BEFORE JANUARY

By CBR Staff Writer

Microsoft Corp executive vice-president Steve Ballmer has finally come clean and says he does not expect the new Chicago version of Windows to go on sale before January 1995, Reuter reports. The company still hopes to have the product ready for ships by the end of the year, but he said at a meeting for financial analysts that it may not see any revenue from it until April 1995. Vice-president for finance Mike Brown said that 30% of the revenues from Chicago would be deferred over the life of the product, which he estimated at 18 months. The accounting change is being made to account better for marketing and support expenses.

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