Even if you include Apple, which is undeniably on an upswing, Microsoft still has more than 80% of the PC market.

CNN: ASIANOW - TIME Asia | Cover: 'Microsoft Enjoys Monopoly Power...'

Other big applications built on Firefox's underlying code include Songbird, an open-source version of Apple's iTunes, and Joost, a high-quality Web video channel.

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In an apparent response to Apple's iMovie, WinMe will include Windows Movie Maker, a tool that allows users to digitize, compress, edit, sort and share home videos.

CNN: Microsoft offers a peek at new operating systems