History of Apple 1995-1996 – Most Significant Events
The PowerMac family, introduced in 1994, was developed through 1995. It was the first Mac to be based on the PowerPC chip, an extremely fast processor co-developed with IBM and Motorola. At the same time Mac OS was licensed to several companies, including Power Computing, one of the more successful Mac-clone makers (but only a handful of companies ever licensed the Mac OS because Apple was too restrictive in its licensing agreements). Apple’s problems were added to by the late-summer release of Windows ’95, which mimicked the Mac GUI. Thus Apple took its worst plunge ever in the winter of 1995-96. The company misjudged the market and pushed low-cost Performas over mid-range PowerMacs. Applefailed to make a profit at all. (more…)