An Amiga 500 computer system, with 1084S RGB monitor and second A1010 floppy disk drive Type Release date April 1987 (), October 1987 () Introductory price US$699, 499 (1987) US$1,500 (2017 equivalent) Discontinued 1991 ( 1991) Media 880 floppy disks v1.2 – 1.3 @ 7.16 MHz () 7.09 MHz () Memory 512 150 ns (9 maximum ) Graphics 736×567i 4-bpp PAL (736×483i 4 bpp NTSC), 368×567i 6 bpp PAL (368×483i 6 bpp NTSC) Sound 4× 8-bit channels at max. 28 with 6-bit volume in stereo Predecessor Successor The Amiga 500, also known as the A500, is the first low-end / home/. It was announced at the winter in January 1987 – at the same time as the high-end – and competed directly against the. Before Amiga 500 was shipped, Commodore suggested that the list price of the Amiga 500 was 595.95 without a monitor. At delivery in October 1987, Commodore announced that the Amiga 500 would carry a US$699/£499 list price. In Europe, the Amiga 500 was released in May 1987.