CompUSA Restructures

CompUSA LogoFebruary 27, 2007

A major player during the early ages of the the computer retail sales market in the late 80’s and 90’s with nearly 230 stores at its height, CompUSA announces that it will close 126 retail stores by June and restructure its remaining 103 stores. Eventually those 103 stores also close. A victim of competition from online sales and more agile big box stores, CompUSA was eventually purchased by Systemax which merged CompUSA into its Tiger Direct online brand. Today the CompUSA brand still exists as an e-commerce site.

V.92 Introduced

ModemFebruary 27, 2001

US Robotics introduces the V.92 modem standard. Given that broadband Internet had begun to take significant hold and that supporting V.92 required ISPs to upgrade their infrastructure, V.92 never really made much of an impact in the marketplace.

 

Apple Discontinues the Newton

Apple Newton MessagePadFebruary 27, 1998

Apple Computer announces that it will discontinue development of the five year-old Newton Operating System and all of its Newton OS-based products, including the MessagePad series and EMate 300. Apple will focus on developing the Macintosh, which is once again left as Apple’s only computing platform … at least until the iPod, iPhone, and iPad come along.