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Sunday, 16 August 2015


IBM began as the Computer Tabulating Recording Company in 1914. It changed its name to International Business Machines Corporation (IBM) ten years later.

The Automatic Sequence Controlled Calculator (known best as the Harvard Mark I) was the first program-controlled calculator. It was developed and built by IBM at their Endicott plant and shipped to Harvard in February 1944. The ASCC began computations for the U.S. Navy Bureau of Ships in May and was officially presented to the university on August 7, 1944.

The ASCC By Original uploader was Daderot at en.wikipedia 

IBM boasted in 1952 that each of their computers were equivalent to having 150 extra engineers with slide rules .

IBM announced on June 23, 1969 that effective January 1970 it would price its software and services separately from hardware thus creating the modern software industry.

The IBM Personal Computer was introduced on August 12, 1981.  Pricing for the IBM model number 5150 started at US$1,565 (equivalent to $4,073 in 2015) for a configuration with 16K RAM, Color Graphics Adapter, and no disk drives.

IBM Personal Computer model 5150 with monochrome phosphor monitor (model number 5151) and IBM PC keyboard. By Ruben de Rijcke - Wikipedia Commons

IBM announced a loss of $4.97 billion for 1992. It was the largest single-year loss in U.S. corporate history.

IBM sold a smartphone with a touchscreen display input that could send emails and run third party apps in 1994.

In 2012 IBM was the second-largest firm in the US in terms of staff.

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