Psystar Files for Chapter 11: Apparently, Drawn-Out Legal Battles With Apple Aren’t Lucrative

PsystarPsystar, the company that drew attention to itself first by offering Apple (s aapl) clones for sale with OS X pre-installed, and then by facing off against the Cupertino, Calif.-based computer maker in court, is officially filing for Chapter 11 bankruptcy, according to The Mac Observer. For those keen on the subtle distinctions of having no money, Chapter 11 is the one where you still have to pay off some of your debt, whereas Chapter 13 is the really, really bankrupt, clean slate kind of broke.

The clone maker claims that its financial troubles aren’t due to the Apple legal battle, which is still unresolved, but instead the weak economy and supplier prices. Even if that’s true, it doesn’t really paint the Mac cloning game as a very appealing one for others watching the space. Some think the bankruptcy is related to financial backers finally pulling their support out from under the beleaguered company, which doesn’t look to be in a position to become profitable anytime in the near future, even if demand was higher for its products. Read More about Psystar Files for Chapter 11: Apparently, Drawn-Out Legal Battles With Apple Aren’t Lucrative