1975
MITS founder Ed Roberts negotiated a volume price of about $75 per Intel 8080 chip, versus a $360 list price.
“He managed to negotiate a volume deal with Intel to get 8080 chips at 75 bucks a pop.”
Topic
MITS
5 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1975
After the Popular Electronics article, MITS received about 4,000 Altair pre-orders worth roughly $1.5 million in prepaid revenue.
“After the popular electronics article comes out, they get 4,000 pre-orders in the first month or two, which is $1.5 million in revenue, cash paid up front.”
1975
Under Microsoft's exclusive licensing deal with MITS, Microsoft was to receive $30 per copy of BASIC sold plus 50% of sub-licensing revenue.
“Microsoft is to get $30 for each copy of basic that MITS sells, plus 50% of the revenue that comes from these sub-licensing deals”
1975
The Microsoft–MITS BASIC contract capped Microsoft's lifetime revenue from MITS at $180,000.
“the total amount of lifetime revenue that Microsoft can make from the basic from MITS is capped at $180,000.”
1977
MITS was acquired by the tape drive maker Pertec in May 1977 for $6.5 million.
“So in May of 1977, MITS gets acquired by the tape drive manufacturer Pertek for $6.5 million.”
Episodes