Problem to update

How do I upgrade the system mikrotik, therefore, is installed on a machine and it is version 3.30, I can play a new version to 4.40 within the system and reboot.

But did not update.

What should I do?

Is this a licensed installation? Upgrade is possible only if your installation has a valid purchased key. Then follow this:
http://wiki.mikrotik.com/wiki/Upgrading_RouterOS

Yes, it is licensed (Level 4), but still can not update the router. I have a x86 is a bit old I put the update package v5.0, and restart the router but is in the same earlier version which is v3.30.