Source: Ars Technia
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By July 1985, Commodore had everything going for it. The Amiga computer had been demonstrated in public to rave reviews, and everyone was excited at the potential of this great technology.
That's when the problems started.Commodore's primary woes were always about money, and 1985 was no exception. Sales of the Commodore 64 were still going strong, but the price wars had slashed the profits on the little computer. The company had invested millions of dollars creating new and bizarre 8-bit computers that competed directly against the venerable C-64, such as the wholly incompatible Plus/4, that had no chance in the marketplace. To make things worse, the company had to deal with lawsuits from its ousted founder, Jack Tramiel. Finally, Commodore had invested $24 million to purchase Amiga outright, but as the computer had not gone on sale yet, there was no return on this investment.
Dec 10, 2007, 06:54 AM
