Word: marketed
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Dates: during 1970-1979
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...your money into a savings bank account at 5½% while inflation is more than 13%, you get poor very quickly. With money market funds, at least you get poor slowly...
These versatile machines are "personal computers" made by Apple Computer of Cupertino, Calif. In just four years, Apple has captured about 20% of the growing market for these relatively cheap (about $1,000) machines, which are designed primarily for small business and professional users. Sales in this new and rapidly evolving market will hit $300 million in 1979 and are growing at 45% annually...
...market was considerably broadened by the Apple II model, introduced in 1977 as the first programmable personal computer that could be bought fully assembled rather than in kit form. This year 100,000 Apple Us will be sold, vs 25,000 in 1978. Prices: from $1,195 for the basic model to $3,000 for a setup with all the trimmings, such as two ''floppy'' discs, a graphics tablet and a printer. Exults Apple's cofounder, Steven Jobs, a self-made engineer who is all of 23: ''We will sell more computers this...
Although some 50 firms are in the personal computer field, it is dominated by three: Apple, Radio Shack and Commodore. But IBM is eying the market, and Texas Instruments last May introduced a $1,500 model that can also be programmed for sound. Apple executives profess to welcome these entrants. The Apple corps believe that the big newcomers will help expand the market for all by advertising heavily to teach more people the wonders of personal computers...
...started out with not 50,'' Canizaro drawls. ''Nobody ever gave me anything.''Well, there was something: $600 in life insurance left by his father a Mississippi doctor. ''I took the $600 and played the stock market and the commodities market. I ran that $600 to $100,000 in less than two years...