Skip to main content

 
IBM Archives > Exhibits > History of IBM > 1920s > 

1928

 
 
Introduction Timeline
  1880s
  1890s
  1900s
  1910s
  1920s
  1930s
  1940s
  1950s
  1960s
  1970s
  1980s
1990s
  2000s
  1920
  1921
  1922
  1923
  1924
  1925
  1926
  1927
  1928
  1929

Customer Engineering training course The Customer Engineering training course starts, and a Suggestion Program for employees is established.
IBM card IBM redesigns the punch card to hold 80 columns, almost double the previous capacity. The patented new design, featuring rectangular holes and called the "IBM card," becomes so popular that the name essentially becomes synonymous with punched cards.
The IBM Type 4 Tabulator is introduced, the first direct subtraction machine. Before the Type 4 tabulator, bookkeepers had to add negative amounts as complementary figures. IBM's subtracting machine saved calculations and bookkeeping time.

The first public address and program signaling systems for schools are developed (and are known later as "Schoolmaster".)

 
People
  Employees 5,102  

Finance
  Revenue $15 M  
  Net earnings $5 M  
  Dividend 5%