Jury is out on Lotus 1-2-3 for Windows
Article Abstract:
Lotus Development Corp's 1-2-3 for Windows spreadsheet software package may not prove as successful as previously hoped. The product has sold moderately well since its release in Sep 1991, and various problems are causing users to postpone purchasing decisions. PC Magazine and InfoWorld both gave the software a negative review, and Lotus has begun shipping an interim release of the product to eradicate program bugs. Lotus executive Robert Weiler says two large banks are standardizing on 1-2-3 for Windows and discontinuing use of Microsoft Corp's Excel spreadsheet. Lotus is expected to report a strong 3rd qtr FY 1991, and 4th qtr will reveal whether distributors and corporate users make a substantial number of orders for the software. Lotus 1-2-3 for Windows operates slower than previous versions because it is designed to work with the Windows operating system, and to resemble older versions.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Microsoft posts its spreadsheet on Lotus's door
Article Abstract:
Microsoft Corp begins its assault on Lotus Development Corp's spreadsheet software market share with its new $495 Excel 3.0 spreadsheet. This version of the Microsoft spreadsheet is the first to use the Microsoft Windows 3.0 graphical user interface. Industry observers note that Lotus is losing market share in the spreadsheet software market; Borland International Ltd and Microsoft are cutting into sales of the popular Lotus 1-2-3. Lotus maintains that it still controls a 70 percent market share but analysts estimate that the figure is actually around 54 percent for 1990, down from 63 percent in 1989. Borland's market share is up to 24 percent from 12 percent and Microsoft's market share shows steady growth, from nine percent to 12 percent between 1989 and 1990.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
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