Word: ibm
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Dates: during 1970-1979
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...fact, the ravenous and growing appetite of U.S. companies for data-processing machines and control devices accounted for a major portion of last year's $41 billion computer business. Only 15 years ago, IBM was for all practical purposes the computer industry. But the explosive rise in demand has surpassed even IBM's ability to gobble up new orders. Though the company continues to grow at a healthy rate (its 1977 profits of $2.7 billion on sales of $18.1 billion were up more than 13% over the year before), the nation's other manufacturers of large computers...
Among the 50 or so companies producing the versatile little devices are some of the nation's largest electronics and computer firms- IBM, Motorola and Texas Instruments, where Computer Scientist Jack Kilby pioneered in developing the integrated circuit, the predecessor of the chip. Also included are a host of brash upstarts that did not even exist ten years ago (see box). Last year's chip sales of $235 million, while still modest compared with the revenues of the entire computer industry, are expected to grow by a startling 50% annually and exceed $800 million by as early...
...catching up, in part with the help of government subsidies. For now, Japanese computer imports are less than 1 % of the total U.S. market, but they have multiplied eightfold since 1974 and, according to studies by Quantum Science Corp., a marketing research house, could have a significant impact on IBM itself with in the next five years. Japanese manufacturers have also shown imagination in designing chip-controlled appliances; all the home video recorders sold in the U.S. are made in Japan, as well as the majority of the low-priced pocket calculators...
...microprocessor - contained 2,250 transistors in an area barely a sixth of an inch long and an eighth of an inch wide. In computational power, the micro processor almost matched the monstrous ENIAC - the first fully electronic computer, completed in 1946 - and performed as well as an early 1960s IBM machine that cost $30,000 and required a CPU that alone was the size of a large desk. On his office wall, Hoff still displays Intel's original advertisement: "Announcing a new era of integrated electronics ... a microprogrammable computer on a chip...
Babbage's loom, alas, never wove anything. By the time the eccentric genius died in 1871, he had managed to put together just a few small parts; only his elaborate drawings provide a clue to his visionary machine. Indeed, when Harvard and IBM scientists rediscovered Babbage's work in the 1940s while they were building a pioneering electromechanical digital computer called Mark I, they were astonished by his foresight. Said the team leader, Howard Aiken: "If Babbage had lived 75 years later, I would have been...