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Power Computing Corporation
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{{Short description|Defunct computer company}} {{redirect|Power Computing|Performance Optimization With Enhanced RISC โ Performance Computing|PowerPC}} {{Infobox company | logo = File:Power Computing Corporation logo.svg | name = Power Computing Corporation | type = Private | hq_location = [[Austin, Texas]] | hq_location_country = [[United States]] | fate = Liquidation | founded = November 11, 1993 | founder = Stephen โSteveโ Kahng | defunct = January 31, 1998 | website = {{web archive|url=https://web.archive.org/web/19961227041015/http://www.powercc.com/|title=powercc.com}} }} '''Power Computing Corporation''' (often referred to as '''Power Computing''') was the first company selected by [[Apple Inc]] to create [[Mac (computer)|Macintosh]]-compatible computers ("[[Macintosh clone|Mac clones]]"). Stephen โSteveโ Kahng, a computer engineer best known for his design of the [[Leading Edge Model D]], founded the company in November 1993. Power Computing started out with financial backing from [[Olivetti]] and Kahng. The first Mac-compatible (clone) PC shipped in May 1995. Like [[Dell Computer]], Power Computing followed a direct, build-to-order sales model. In one year, Power Computing shipped 100,000 units with revenues of $250 million in the first year. Power Computing was the first company to sell $1,000,000 of products on the Internet. Power Computing released upgraded models until 1997 with revenues reaching $400 million a year. The Mac clone business was stopped after [[Steve Jobs]] returned as interim CEO of Apple in July 1997. In September, Apple bought the core assets of Power Computing for $100 million in Apple stock and terminated the Mac cloning business.<ref name="newyorktimes19980120_powercomputing">{{ cite news | url=https://archive.nytimes.com/www.nytimes.com/library/cyber/week/013098power.html | title=Power Computing Corp. Out of Business | first1=Peter H. | last1=Lewis | work=The New York Times | date=30 January 1998 | access-date=12 February 2025 }}</ref>
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