By 1975 the market for the personal computer was demanding a product that did not require an electrical engineering background and thus the first mass produced and marketed personal computer (available both as a kit or assembled) was welcomed with open arms. Developers Edward Roberts, William Yates and Jim Bybee spent 1973-1974 to develop the MITS (Micro Instruments Telemetry Systems ) Altair 8800. The price was $375, contained 256 bytes of memory (not 256k),but had no keyboard, no display, and no auxiliary storage device. Later, Bill Gates and Paul Allen wrote their first product for the Altair -- a BASIC compiler (named after a planet on a Star Trek episode).
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