Windows 7 is now the most used OS in USA :: Report

Many of us have used almost each and every variant of Microsoft Windows including MS DOS, Windows 95 and Windows 98. However, two of the standout operating systems from Microsoft have been Windows XP and Windows 7. Windows Vista was an ok OS too, but it did have a lot of problems.



Windows XP was launched in August 2001, however, it still commands a huge market share in the PC market. Windows 7 though has been the fastest selling OS in history with it selling over 150 million copies in a very short time.

Ironically, Windows 7 did not compete with Windows Vista for market share, but did it with a 10 year old OS in the form of Windows XP. The reason being that many corporates are not yet ready to switch from Windows XP. I still find that many offices continue to use Windows XP as their primary operating system.



Microsoft though will be happy with the news that Windows 7 has finally managed to take over Windows XP as the top Windows operating system in United States. This data was generated through reports from StatCounter by Royal Pingdom for visitors to over 3 million websites.

Windows 7 now has a marginal advantage over Windows XP in U.S. This is bound to grow in future with more users buying new laptops and desktop PCs and dumping their older ones. Also, most of the newer Windows based tablets run some variants of Windows 7, so that might add to this number in future.

Overall, Windows XP has definitely been one of the best operating system from Microsoft. The fact that it still holds more than 31% of the market share after 10 years says a lot about it.

Microsoft has been mulling to remove support for Windows XP for a long time now, but they still continue to support it. However, Microsoft has been culling off major software support for the OS by not adding XP support for Windows Live Wave 4* and Internet Explorer 9. However, Windows XP still continues to dominate the operating system wars. Unlike IE6, this baby is a long way from becoming extinct.

If you are using Windows 7 or just bought a new PC with it installed, make sure to read out Ultimate List of Tips and Tricks for Windows 7 or the 3 Most Useful Windows 7 Tips.

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What is an Auditor’s Report?

Philadelphia businesses may have a lot of questions for their tax attorney regarding an auditor’s report. An auditor’s report is a review of a business’s financial statement (by either an internal organization or external organization) to assess the company’s current financial position, cash flow and operating results according to GAAP – which is an acronym for “Generally Accepted Accounting Principles.”
An auditor’s report can show that a businesss has properly accounted for its finances, granting that business a clean bill of health, or and audit can show that a company’s financial statements are misleading and should not be trusted. A negative audit report like this is called an adverse opinion.
Auditors alone are granted the power to give a company’s financial statements an adverse opinion, and this can be very threatening to business owners. No business wants their reputation soiled by association with dishonest financial records. Business owners in this case usually want to confer with auditors and change their accounting or disclosure records, so that they will not be branded with a permanent adverse opinion. Since adverse opinions state that a business has not been entirely genuine in recording its finances, the SEC will not tolerate public businesses that have been disapproved by auditors. The SEC can also very easily suspend trading in a company’s stock share if a CPA auditor informs them that the company has not received approval in the audit report.
There are serious incidents, however, when a CPA firm has doubts about a business’s ability to continue as a “going concern“. If a business is a going concern, it means that the business has enough financial resources and initiative to continue operations in the future and if a negative turn of events happened, the business would not have to default on its liabilities. A going concern is a business that does not face an immediate financial crisis, even if it has experienced some financial turbulence. A CPA auditor will assume that a business is a going concern unless evidence proves otherwise. Any doubts that the auditor has about a business’s integrity or status as a going concern will be recorded in the audit report.

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What is an Auditor’s Report?

Philadelphia businesses may have a lot of questions for their tax attorney regarding an auditor’s report. An auditor’s report is a review of a business’s financial statement (by either an internal organization or external organization) to assess the company’s current financial position, cash flow and operating results according to GAAP – which is an acronym for “Generally Accepted Accounting Principles.”
An auditor’s report can show that a businesss has properly accounted for its finances, granting that business a clean bill of health, or and audit can show that a company’s financial statements are misleading and should not be trusted. A negative audit report like this is called an adverse opinion.
Auditors alone are granted the power to give a company’s financial statements an adverse opinion, and this can be very threatening to business owners. No business wants their reputation soiled by association with dishonest financial records. Business owners in this case usually want to confer with auditors and change their accounting or disclosure records, so that they will not be branded with a permanent adverse opinion. Since adverse opinions state that a business has not been entirely genuine in recording its finances, the SEC will not tolerate public businesses that have been disapproved by auditors. The SEC can also very easily suspend trading in a company’s stock share if a CPA auditor informs them that the company has not received approval in the audit report.
There are serious incidents, however, when a CPA firm has doubts about a business’s ability to continue as a “going concern“. If a business is a going concern, it means that the business has enough financial resources and initiative to continue operations in the future and if a negative turn of events happened, the business would not have to default on its liabilities. A going concern is a business that does not face an immediate financial crisis, even if it has experienced some financial turbulence. A CPA auditor will assume that a business is a going concern unless evidence proves otherwise. Any doubts that the auditor has about a business’s integrity or status as a going concern will be recorded in the audit report.

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Report says Facebook nets$500 million investment

Social networking behemoth Facebook has raised $500 million from Goldman Sachs anda Russian investment firm in a deal that values the company at$50 billion, The New York Times reported. Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday in its online edition, citing people involved in the transaction that it did not name. Goldman has the right to sell part of its stake,up to $75 million, to the Russianfirm. The report said representatives for Facebook, Goldman and Digital Sky Technologies declined to comment. The U.S. Securities and ExchangeCommission is reportedly looking into the booming trade in privately held shares of popular social networking sites. A big reason the SEC may be curious about the trading of these popular private startups' shares is because once a company hits 500 shareholders, it must disclose certain financialinformation to the public, even if it hasn't filed for an initial public offering. The Times reported that Goldman is planning to create a"special purpose vehicle" that may be able to circumvent the 500 shareholder rule because it would be managed by Goldman and considered just one investor, even though it could conceivably be pooling investments from thousands of clients. Shares of privately held companies can be traded on private stock exchanges such as SecondMarket, based in New York, and SharesPost, based in San Bruno, California. The sharesare generally sold by former employees or early investors in these companies. Only institutional investors or high net-worth individuals - those worth more than $1 million - can buy the shares.

 

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