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Microsoft had lost all it's momentum before Windows XP was released? An OS which absolutely dominated for over a decade.

Even more importantly SQL Server really matured in SQL server 2005, as did IIS leading to a large proportion of the server share too.

.NET / C# was also post-2000, another very important strategic asset with Visual Studio.

I'm not sure that it is fair to characterise MS post 2000 as missing out completely.

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