1968 - Revision history

Dave: /* Products */

2018-09-03T16:07:59Z

Products

Dave at 16:06, 3 September 2018

2018-09-03T16:06:27Z

Dave: /* Revenue and profit */

2018-07-06T19:51:32Z

Revenue and profit

Dave at 19:41, 6 July 2018

2018-07-06T19:41:13Z

Dave: Created page with "== General information == == Notable company events == == Products == == Revenue and profit == {| |Revenue |$4,029,172 |- |Net profit (loss) |($224,306) |} == Directors =..."

2018-07-06T19:20:15Z

Created page with "== General information == == Notable company events == == Products == == Revenue and profit == {| |Revenue |$4,029,172 |- |Net profit (loss) |($224,306) |} == Directors =..."

New page

== General information ==

== Notable company events ==

== Products ==

== Revenue and profit ==

{|
|Revenue
|$4,029,172
|-
|Net profit (loss)
|($224,306)
|}

== Directors ==

{|class="wikitable"
|Irving Gould - Toronto
|-
|Jack Tramiel - Toronto
|-
|Manfred Kapp - Toronto
|-
|Thomas McGourty - Norfolk, Conn.
|-
|David Perlmutter, C.A. - Toronto
|}

== Officers ==

{|class="wikitable"
|Irving Gould
|Chairman of the Board
|-
|Jack Tramiel
|President
|-
|Manfred Kapp
|Vice-President and Secretary-Treasurer
|-
|Thomas McGourty
|Vice-President, Manufacturing
|}

== Corporate entities and subsidiaries ==

{|class="wikitable"
|-
!Location!!Corporate Entity
|-
|rowspan="5"|Canada
|Commodore Business Machines (Canada) Ltd.
|-
|Belpree Co., Limited
|-
|Humber Typewriters and Business Equipment Ltd.
|-
|Associated Tool & Manufacturing Ltd.
|-
|Pearlsound Distributors Limited
|-
|rowspan="1"|New York
|Commodore Business Machines, Inc.
|-
|rowspan="1"|Nassau, Bahamas
|Commodore International Limited
|-
|rowspan="1"|Geneva, Switzerland
|Commodore S.A.
|}

== Annual report to shareholders ==

[[Media:CommodoreAnnualReport_1968_-_commodore_international_historical_society.pdf|June 30, 1968: Commodore Business Machines (Canada), Ltd. Annual report to shareholders]]

@@ Line 21: / Line 21: @@
 * Three new electronic calculators, 1121, 1161 and 1152P are expected to be released in 1968 or 1969.
+Sales breakdown by product category in 1968 was 72% figuring machines, 12% typewriters and 16% office furniture.
 == Revenue and profit ==

@@ Line 1: / Line 1: @@
 == General information ==
+This was Commodore's ten year corporate anniversary and marked Commodore's entry into the electronic calculator market with the Model AL-1000 electronic calculator.  The AL-1000 was manufactured by Casio for Commodore in an OEM agreement. All of Commodore's adding machines are designed by Commodore's own R&D department and manufactured according to Commodore's specifications by a company in Japan.
 == Notable company events ==
+* Commodore sold Associated Tool and Manufacturing Company, Ltd to Manfred Kapp and Kapp tendered his resignation in July, ending the long business relationship between Kapp and Tramiel.
+* Commodore opened a new office in San Francisco, California (USA) and was planning to transfer the headquarters of Commodore's US operations to the new office.
+* Commodore's research and development arm, formerly located in Newport, Connecticut (USA) was moved to a new location in Aptos, California (USA)
+* Rose and Harrison, who had been Commodore's auditor since its inception, was replace by Arthur Andersen & Co.
 == Products ==
+* Model AL-1000 electronic calculator, manufactured by Casio for Commodore under an OEM agreement.
+* Model 401 standard multiplier was introduced in January.
+* The Model 403 adding machine which will perform four arithmetic functions: addition, subtraction, multiplication and division was developed by Commodore's R&D team over the past two years and is expected to be released in 1968.
+* Three new electronic calculators, 1121, 1161 and 1152P are expected to be released in 1968 or 1969.
 == Revenue and profit ==

@@ Line 12: / Line 12: @@
 |-
 |Net profit (loss)
-|$141,351
+|$200,898
 |}

@@ Line 9: / Line 9: @@
 {|
 |Revenue
-|$4,029,172
+|$4,475,552
 |-
 |Net profit (loss)
-|($224,306)
+|$141,351
 |}
@@ Line 18: / Line 18: @@
 {|class="wikitable"
-|Irving Gould - Toronto
+|Irving Gould - Toronto, Ontario
 |-
-|Jack Tramiel - Toronto
+|Jack Tramiel - Toronto, Ontario
 |-
-|Manfred Kapp - Toronto
+|Manfred Kapp - Toronto, Ontario
 |-
-|Thomas McGourty - Norfolk, Conn.
+|Thomas McGourty - Aptos, Calif.
 |-
-|David Perlmutter, C.A. - Toronto
+|David M. Perlmutter, C.A. - Toronto, Ontario
 |}
@@ Line 37: / Line 37: @@
 |Jack Tramiel
 |President
-|-
-|Manfred Kapp
-|Vice-President and Secretary-Treasurer
 |-
 |Thomas McGourty
 |Vice-President, Manufacturing
+|-
+|David M. Perlmutter, C.A.
+|Secretary
+|-
+|Si Friend
+|Treasurer
+|-
+|Frederick S. Draper
+|Assistant Secretary
 |}
-== Corporate entities and subsidiaries ==
+== Head Office and Other Offices ==
 {|class="wikitable"
 |-
+|rowspan="1"|Head Office
-!Location!!Corporate Entity
-|-
-|rowspan="5"|Canada
 |Commodore Business Machines (Canada) Ltd.
+|946 Warden Avenue
+|Scarborough, Ontario
 |-
+|rowspan="5"|Other Offices
-|Belpree Co., Limited
+|Commodore Business Machines, Inc.
+|31 East 32nd Street
+|New York, New York 10016, U.S.A.
 |-
-|Humber Typewriters and Business Equipment Ltd.
+|Commodore Business Machines, Inc.
+|660 Dubuque Avenue
+|South San Francisco, California 94080, U.S.A.
 |-
-|Associated Tool & Manufacturing Ltd.
-|-
-|Pearlsound Distributors Limited
-|-
-|rowspan="1"|New York
 |Commodore Business Machines, Inc.
+|7065 West Belmont Avenue
+|Chicago, Illinois 60634, U.S.A.
 |-
-|rowspan="1"|Nassau, Bahamas
-|Commodore International Limited
-|-
-|rowspan="1"|Geneva, Switzerland
 |Commodore S.A.
+|57 Avenue de Champel
+|1211 Geneva, Switzerland
+|-
+|Commodore International Limited
+|P.O. Box 4852, Bolam House
+|Nassau, Bahamas
 |}