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Industry Week
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1983 TI Market Share.txt
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2007-12-19
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23 lines
Industry Week
March 5, 1984
Home computers stop ticking at Timex
SECTION: NEWSCOPE; Pg. 15
LENGTH: 142 words
Timex Corp. is the latest company to leave the home-computer field, an industry
one Timex official describes as "on a kamikaze path." Its Timex Sinclair 1000, the
first computer priced below $100, reportedly now sells for less than $10 in some
drugstores. Although Timex is scrapping its own brand, it will continue to make
computers for other manufacturers, including Sinclair Research Ltd. of England. A
recent national survey of leading retailers shows that Timex/Sinclair had a 5% share
of home-computer sales. The '83 leader, with a 38% share, a Television Digest survey
indicates, ironically was Texas lnstruments (TI), another firm that has abandoned
the market. Retailers liquidated the TI 99/4 computer for as low as $50, and TI
dumped some 800,000 computers in November and December -- about half of its volume
for the year.