Adam Osborne (March 6, 1939 – March 18, 2003) was a Thailand-born British-American author, book and software publisher, and computer designer who founded several companies in the United States and elsewhere.
Osborne was known to frequent the famous Homebrew Computer Club's meetings around 1975. He was best known for creating the first commercially available portable computer, the Osborne 1, released in April 1981. It weighed 24.5 pounds (12 kg), cost US$1795—just over half the cost of a computer from other manufacturers with comparable features—and ran the popular CP/M 2.2 operating system. It was designed to fit under an airline seat. At its peak, Osborne Computer Corporation shipped 10,000 units of "Osborne 1" per month. Osborne was one of the first personal computing pioneers to understand fully that there was a wide market of buyers who were not computing hobbyists: the Osborne 1 included word processing and spreadsheet software. This was at a time when IBM would not bundle hardware and software with their PCs, selling separately the operating systems, monitors, and even cables for the monitor.
Adam Osborne's experience in the computer industry gave his new company credibility. Osborne Computer Corporation advertisements compared Adam Osborne's influence on the personal computer market to Henry Ford's influence on transportation. It is said that in 1983, Osborne bragged about two advanced new computers his company was developing. These statements destroyed consumer demand for the Osborne 1, and the resulting inventory glut forced Osborne Computer to file for bankruptcy on September 13, 1983. This phenomenon, a pre-announcement of a new product causing a catastrophic collapse in demand for older ones, became known as the Osborne effect, but according to some new sources the real reason for Osborne Computer's bankruptcy was management errors and insufficient cash flow...
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