From around 1984, the market was fast growing but relatively stable. There was as yet no sign of the "Win" half of "Wintel," though Microsoft was achieving enormous revenues from DOS sales both to IBM and to an ever-growing list of other manufacturers who had agreed to buy an MS-DOS license for every machine they made, even those that shipped with competing products. As for Intel, every PC made either had an Intel processor or one made by a second source supplier under license from Intel. Intel and Microsoft had enormous revenues, Compaq and many other makers between them made far more machines than IBM, but the power to decide the shape of the personal computer rested firmly in IBM's hands.