1969
General information
Commodore was still developing and marketing electro-mechanical adding machines but a mere year after entering the desktop electronic calculator market in 1968 they saw sales of that product group increase an astonishing 245% for the year, so Commodore put their main focus on pursuing this new market. A joint venture was established with their Japanese manufacturer and took over all of Commodore's research and development activities at the Aptos, California office.
To accommodate the explosion in sales, Commodore relocated its United States headquarters from New York to Santa Clara, California. The new Santa Clara location would serve as the United States corporate headquarters and would also house a warehouse and a parts and service department. Commodore also set up additional warehouses in New York and Chicago. Commodore had sales offices in New York, Chicago and Oklahoma City, with plans to open seven more in key sales regions in the United States. All of Commodore's offices were connected via a TWX communications network, allowing orders to be transmitted in a matter of minutes and shipped in most cases the same day.
Notable company events
Products
- Model 207 electric adding machine
- Model 402 automatic multiplier
- Model 512 electronic calculator
Sales breakdown by product category in 1969 was 81% figuring machines, 8% typewriters and 11% office furniture.
Revenue and profit
| Revenue | $8,083,704 |
| Net profit (loss) | $725,379 |
Directors
| Irving Gould - Toronto, Ontario |
| Jack Tramiel - Toronto, Ontario |
| Manfred Kapp - Toronto, Ontario |
| Thomas McGourty - Aptos, Calif. |
| David M. Perlmutter, C.A. - Toronto, Ontario |
| Howard L. Beck - Toronto, Ontario |
Officers
| Irving Gould | Chairman of the Board |
| Jack Tramiel | President |
| Thomas McGourty | Vice-President, Manufacturing |
| David M. Perlmutter, C.A. | Secretary |
| Howard L. Beck | Assistant Secretary |
| Frederick S. Draper | Assistant Secretary |
Head Office and Other Offices
| Head Office | Commodore Business Machines (Canada) Ltd. | 946 Warden Avenue | Scarborough, Ontario |
| Other Offices | Commodore Business Machines, Inc. | 31 East 32nd Street | New York, New York 10016, U.S.A. |
| Commodore Business Machines, Inc. | 390 Reed Street | Santa Clara, California 95050, U.S.A. | |
| Commodore Business Machines, Inc. | 7065 West Belmont Avenue | Chicago, Illinois 60634, U.S.A. | |
| Commodore International Limited | 57 Avenue de Champel | 1211 Geneva, Switzerland | |
| Commodore International Limited | P.O. Box 4852, Bolam House | Nassau, Bahamas | |
| CBM Business Machines Limited | 30 Westminster Palace Gardens Artillery Row, Westminster | London SW1, England |
June 30, 1969: Commodore Business Machines (Canada), Ltd. Annual report to shareholders