Word: 70s
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Dates: during 1960-1969
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Cheaper Rates. The demand for computers in the U.S. is indeed soaring: last year computer makers installed some 13,000 systems worth some $5 billion, double their output in 1962. By the early '70s, Diebold predicts, the business will triple to $15 billion a year. Though 80% of the nation's computers are leased, most are on direct rental from manufacturers. The computer-leasing firms have been able to elbow their way in by the classic route of price cutting. They generally charge at least 10% less than the manufacturer's rental fee. In doing so, they...
...that stage will arrive. While the immediate prospects for the computer-leasing companies seem bright, their profits could plunge, leaving them with a mountain of debt, if the fourth generation of computers reaches the marketplace sooner than they expect. The crucial time will probably arrive in the mid '70s...
...mostly at the helm of his 80-ft. schooner Bowdoin, before he and his boat retired together in 1959. Author of several books, including the first Eskimo-English dictionary, MacMillan was a botanist and zoologist as well as the last of the dogsled explorers, remained spry enough in his 70s to earn a rear admiral's stripes locating airfield sites for the Navy in Greenland. Now 92 and living in peppery retirement in Provincetown, Mass., Old Mac bestirred himself to Boston last week, where he accepted the $5,000 Washburn Award from the Museum of Science as "the last...
Johnson's strategy, Nixon said, the war will drag into the '70s, with growing risks of a confrontation with China as Peking's nuclear weaponry improves...
Some time in the '70s, most com puter men predict, today's software knot should be untangled, partly by a vast expansion of computer schools and partly by more automation. Computer companies are straining to concoct programs that write other programs. Thus they foresee the day when a few standardized reels of tape will begin to replace programmers at the simpler levels. Still, few in the industry expect competent technicians to face unemployment. If today's pattern holds, every new triumph in computer technique will only fortify the demand for wider applications. The saturation point for computers...