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Microsoft Unveils Windows 8 as Stakes Rise in Apple Fight

Microsoft Corp. introduced the biggest overhaul of its flagship Windows software in two decades, reflecting the rising stakes in its competition with Apple Inc. and Google Inc. for the loyalty of customers who are shunning personal computers and flocking to mobile devices.

“This is the biggest product we’ve ever done,” Chief Executive Officer Steve Ballmer said today in an interview with Bloomberg Television, comparing it with the arrival of the PC in 1981 and the introduction of Windows 95.