Shortly after releasing the Amiga 600, Commodore announced that two new super Amigas would be released at the end of the year. In classic Osborne style, consumers decided to wait for the new Amigas and Commodore had to close their Australian office in face of plummeting sales. At the same time, Commodore's foray into the highly competitive PC market was unsuccessful. This contributed to Commodore's 1992 profits falling to an unimpressive $28 million, and made the need for a successful new Amiga launch all that more critical.