Osborne Computer declares bankruptcy
13th September 1983 Osborne Computer declares bankruptcy, two years after producing the first portable computer, the 24-pound Osborne I. Designed by company founder Adam Osborne, the $1,795 machine included software worth about $1,500. The machine featured a 5-inch display, 64 kilobytes of memory, a modem, and two 5 1/4-inch floppy disk drives In April 1981, Byte Magazine Editor-in-Chief Chris Morgan mentioned the Osborne I in an article on Future Trends in Personal Computing. He wrote: I recently had an opportunity to see the Osborne I in action. I was impressed with it's compactness: it will fit under an airplane seat. (Adam Osborne is currently seeking approval from the FAA to operate the unit on board a plane.) One quibble: the screen may be too small for some people's taste.
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