 Parallels Workstation 2.1 running an install of RedHat Linux
 Windows XP running in virtual mode
 Solaris and even Windows 3.11 are supported
Parallels Inc. claims its virtualization software allows users to run guest OSes at near native speeds on Apple's Intel-based Macs
When Apple announced Boot Camp Beta two days ago, many users were thrilled to be able to install Windows XP on their Intel-based Macs in a simple and easy manner. Many users are now able to run both OS X and Windows XP, covering applications in both OSes on one machine. Users who previously hesitated to switch to Macs because of the need for specific Windows-only software, are now able to make the switch without reservation. Despite being in beta form, Apple says that its dual-boot feature will be integrated into its next major release of OS X, called Leopard.
A company named Parallels Inc. has announced the availability Parallels Workstation 2.1, the company's virtualization platform that fully takes advantage of Apple's new Intel-Macs. Parallels says that with its new software, the Virtualization Technology that Intel has built into Core Duo processors can be fully utilized. According to the company, guest operating systems run at near native speeds thanks to Core Duo's VT technology.
Intel's VT technology allows virtual OSes to be completely isolated from each other, with each OS having access to real hardware resources without conflicts. VT essentially partitions system resources and hardware for each virtual OS.
Parallels says that its software is the first virtualization software for Intel-Macs and will allow users to run many different types of operating systems including flavors of Linux, Solaris and Windows.
Parallels claims:
Parallels’ full support of Intel Virtualization Technology, which is included in most new Core Duo chipset, ensures that virtual machine performance is close to near-native and that each virtual machine is stable and completely isolated from other virtual machines and the host physical machine.
Many analysts believe that Apple's decision to switch to Intel processors along with native support for Windows is paving the way for greater market acceptance of Macs. While its OSes have significant advantages over Windows, Apple has always been a hardware company with a niche market. Analysts say that Apple is evolving into a company that competes directly with PC manufacturers such as Dell, HP and Sony.
“And I don't know why [Apple is] acting like it’s superior. I don't even get it. What are they trying to say?” -- Bill Gates on the Mac ads
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