IBM releases the Personal Computer (model 5150) - Development led by Don Estridge; he realized that cost effectiveness required 3rd party hardware and software
- Starting price of $1565 ($3700 today)
- Intel 8088 CPU (4.77MHz, 16 bit)
- 16KB RAM
- 160KB 5.25” floppy drive
- 63.5W power supply
- PC named the Time’s 1982 Man of the Year
Adam Osborne completed the first portable computer, the Osborne I, which weighed 24 pounds and cost $1,795 - The machine featured a 5-inch display, 64 kB of memory, a modem, and two 5 1/4-inch floppy disk drives
- The machine was a big success, and the follow-ups looked pretty promising, but in 1983 Osborne preannounced the next generation before it was built, cutting the feet out from under the existing machines and triggering the collapse of the company a few months later
- The 'Osborne Effect‘ became a textbook example of how not to do it
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