31 Mar '17, 7pm

How the IBM 1403 Printer Hammered Out 1,100 Lines Per Minute

How the IBM 1403 Printer Hammered Out 1,100 Lines Per Minute

Photo: Mondadori Portfolio/Getty Images Introduced in October 1959, IBM’s 1401 data-processing system was one of the first transistorized computers ever sold commercially. The 1401 marked the transition from wiring panels and punch cards to stored programs and magnetic tape drives, and it offered performance and versatility at a price that even small businesses could afford—about US $6,500 per month ($54,000 today). Systems with similar features were much larger and cost about six times as much, according to this IEEE Spectrum article , which recounts how a group of engineers rebuilt an IBM 1401. Within a month of its debut, IBM took 3,000 orders for the machine, which was more orders than there were computers in existence at the time. By 1965, nearly half the computers in the world were 1401s. Video: Computer History Museum The IBM 1460, which went on sale in 1963, was an...

Full article: http://spectrum.ieee.org/geek-life/history/how-the-ibm-14...

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