COMPUTER FUNDAMENTALS

Detailed explanation-1: -The Altair 8800, based on the Intel 8080 processor, was aimed at hobbyists but it became the first commercially successful personal computer because it hit the sweet spot of performance and price. It was sold at $439 per kit in a time where other commercial personal computers were in the thousands range.

Detailed explanation-2: -In January 1975, a photograph of the Altair appeared on the cover of the magazine Popular Electronics. The caption read “World’s First Minicomptuer Kit to Rival Commercial Models.” According to the magazine, the machine sold as a kit for $395, and assembled for $498.