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“Now that the press conference has reached this point, I believe many of you are eager to know the price, right?”

After everyone returned to their seats, the applause gradually subsided. Yang Chaoye held the microphone, smiling at the audience.

He wasn't in a hurry to reveal the price immediately, but rather watched the audience's reactions with interest.

Even the guests he had personally invited, some of whom were CEOs of large companies, were now listening intently, eager to know the pricing of Oracle Computer.

In an instant, the entire venue became exceptionally quiet, followed by discussions with those nearby.

The applause continued for so long that it didn't stop even after Yang Chaoye called for it to cease.

The price was simply too unexpected.

Everyone was eager for Yang Chaoye to announce the price as soon as possible.

Currently, there are both expensive and affordable computers available.

Everyone's living conditions are different, and their consumption habits naturally vary.

If the launch price was like the IBM 5110, then at least 90% of the thousand-plus people present wouldn't be able to afford it.

Although everyone knew that such an advanced product would definitely be expensive when it first came out.

However, they all had a sliver of hope, expecting the price of Oracle Computer to be within their acceptable range.

“The IBM 5110 already costs $9875. Oracle Computer is such a perfect product; it should cost at least ten thousand dollars!” a student wearing glasses muttered to himself.

“I'd buy it even for ten thousand dollars. This product is too perfect. I even feel like I won't be able to sleep tonight because I can't own it yet!” the classmate next to him said, his eyes gleaming.

The two were students at New York University and lived in the same dorm, so they had a good relationship.

“Your family is well-off. Your parents own a company. Ten thousand dollars isn't much to you, but my father is just a middle-class employee with an annual salary of tens of thousands. It's impossible to ask him for ten thousand dollars to buy this computer!” the student with glasses said with a wry smile.

“Don't worry, I'll move back to the dorm later. If I'm not using it, you can borrow it!” the classmate next to him said with a smile.

“If the price is below four thousand dollars, I will definitely buy one!” the student with glasses said with certainty, not responding to his classmate's words, but staring intently at the Oracle Computer on the stage.

“Four thousand dollars? Impossible. The research and development costs for such a product are estimated to be hundreds of millions or even billions of dollars. After its release, they definitely need to recover the costs first. Such a perfect product, I wouldn't even think two thousand dollars is too much!” the classmate next to him retorted.

Hearing his classmate's words, the student with glasses fell silent. He knew that what his roommate said made sense, and his own thoughts were just wishful thinking.

When the Apple I was released in 1976, it was priced at $667, which can be said to be very affordable.

However, the Apple I's design was relatively simple, so it was only popular among some poorer computer enthusiasts.

And the Apple II, which was just released last year, was priced at $1298. This product was well-received in the market and was a widely successful computer.

The IBM 5110, which was just released this year, was too expensive, priced at $9875. It could assist companies in accounting and reporting, but this computer never achieved mainstream success.

Because the pricing determined that it couldn't increase sales. With such an expensive price, no one except the rich could afford it, and among the rich, there weren't many computer enthusiasts. So, this was awkward, and therefore the sales of the IBM 5110 were terrible.

However, sometimes a lower price doesn't necessarily mean better sales.

Scelbi's Scelbi-8H computer was priced at only $440, but only about 200 units were sold until the product was discontinued.

“Alright, no more beating around the bush. Here, on behalf of Oracle Computer Company, I announce to the world that the launch price of our Oracle I computer is $2999. We spent billions of dollars developing this product, but adhering to the obligation to popularize computers, we finally decided on this price. Although this price is still relatively expensive, we have already done our best. Any cheaper, and we would truly be a charity organization!” Yang Chaoye said, seeing that the atmosphere was right, no longer delaying and directly announcing the price.

In an instant, the entire venue erupted in the most enthusiastic applause, with many people excitedly standing up to applaud the price.

$2999 meant that many, many people could afford this machine.

Not to mention anything else, at least half of the sixteen hundred-plus audience members present could afford it.

Compared to the expensive IBM 5110, the Oracle Computer was destined to be praised, while the IBM 5110 might be criticized as an overpriced and underperforming product.

When the price was announced, IBM President Frank T. Cary was already dumbfounded.

With this price of the Oracle Computer, how could the IBM 5110 still be sold?

Originally, because the price was expensive, there weren't many potential customers. Now that the price of the Oracle Computer was out, it could basically be said that the subsequent sales of the IBM 5110 were cut off.

It should be known that IBM's research and development costs for the 5110 were as high as nearly one hundred million dollars. Due to small sales, it had been unable to recover the costs with the high price. Now, it was even more unthinkable.

Frank T. Cary once again looked at Yang Chaoye on the stage, who seemed to be rejuvenated, with a dark face. He seemed to see Yang Chaoye mocking him.

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Damn it!

I knew I shouldn't have come to this crappy press conference!

It was really too mood-affecting.

Frank T. Cary even felt that Yang Chaoye came to New York to hold a press conference just to target him.

This price was already very affordable for many people.

“Mr. Yang Chaoye is really amazing. I've decided that I must buy an Oracle Computer after it's released!” the student with glasses couldn't help but hug his roommate next to him, overjoyed.

He could totally accept this price.

“Of course, I want to buy one too. I didn't expect this company, despite its low profile, to be so conscientious, unlike IBM, which always only thinks about making money!” his roommate replied with a smile.

“This price is really conscientious!” This was the thought of many audience members present.

Su Cheng sat in the audience, watching the reactions of all the audience members present.

He knew that this press conference was a success, and a very successful one!

The price of $2999, if it really had to be researched and developed from scratch, the cost would definitely be very high, and setting this price would be impossible.

But he didn't need to invest in these research and development costs; the technology was readily available.

Therefore, even if it was sold for $2999, if the sales were high, he could earn a lot.

This was truly a hit!

Next, it depended on the sales performance.