Commodore PET

The iconic Commodore PET

The Commodore PET was officially announced in 1976 and Jack Tramiel gave Chuck Peddle six months to have the computer ready for the January 1977 
CES, with his team including John Feagans, Bill Seiler, two Japanese engineers named Fujiyama and Aoji, and Jack's son Leonard Tramiel  who helped design the PETSCII graphic characters and acted as quality control.

Commodore was the first company to license Microsoft's 6502 BASIC, but the agreement nearly drove Microsoft into receivership as Commodore stipulated that they would only pay for it when the PET began shipping. This was delayed by over six months, during which Microsoft lost money and had their cash reserves further depleted by a lawsuit over ownership of Altair BASIC. At the end of the year, Microsoft was saved by Apple's decision to license Microsoft BASIC for the Apple II line.

Personal Electronic Transactor