After a six-month loss totaling over $200,000,000, Texas Instruments puts its computer division out of its misery immediately, ending all manufacturing and support for the TI 99/4a home computer. Prices on the remaining stock of TI computers drop well below the $100 mark, and the company lays off thousands of employees; third-party software and peripheral vendors such as Milton Bradley take a hit by the end of the year as a result. Company executives describe TI’s losses in 1983 so far as the worst that the company has ever suffered.
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