The Commodore 64, featuring 64 kilobytes of memory, was released on September 1, 1982. This made it the first computer with 64K of memory available for under $600. While prototypes were shown in January 1982, the September 1 date is widely accepted for its market launch.
Within six months of its release, the Commodore 64 sold half a million units. By the end of its fiscal year 1984, sales reached approximately 5 million units. It eventually became the best-selling computer of all time, with sales figures ranging from 10.6 million to 12.3 million units depending on whether the C-128 is counted separately.
Early production of the Commodore 64 in Santa Clara, California, encountered quality control issues. This led to outsourcing production to Kentron, a Japanese company, which began mass producing C-64s by January 1983.
Despite not being inexpensive by modern standards, the Commodore 64 offered a competitive price and capability for its time. Its predecessor, the VIC-20, had already achieved success as the first color computer under $300, setting a precedent for affordable computing from Commodore.
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The Commodore 64, named for its 64 kilobytes of memory, launched on September 1, 1982, as the first computer with 64K of memory priced under $600. It went on to sell over 10 million units, becoming the best-selling single computer model of all time.