| |
|
|
|
| |
|
|
 |
IBM develops the SABRE (Semi-Automatic Business-Related Environment) reservation system for American Airlines, the industry's first to work over phone lines in "real time." The system links high-speed computers and data communications to handle seat inventory and passenger records from terminals in more than 50 cities.
|
|
|
|
Using the Telstar satellite, IBM sends computer information back and forth between Endicott, New York and La Gaude, France.
|
|
|
|
Drawing on established IBM policies, Thomas J. Watson, Jr., codifies three IBM basic beliefs: respect for the individual, customer service, and excellence.
|
|
|
IBM announces the IBM 1311 Disk Storage Drive, the first storage unit with interchangeable disks packs, each capable of holding 2 million characters. The concept of interchangeable disk packs lowered storage costs by making it possible to store information off-line.
|
|
|
The last IBM 650 Magnetic Drum Calculator is manufactured. Nearly 2,000 IBM 650s are sold in the 1953-1962 period, making the 650 the most popular computer of the 1950s.
|
|
|
The first Invention Award Dinner honors 34 outstanding IBM inventors.
|
|
|
IBM scientists succeed in operating a semiconductor diode laser powered directly by an electric current rather than an external light source.
|
|
|
An experimental thin film memory that operates at a speed of 100 billionths of a second is demonstrated.
|
|
|
|
|
|
| |
Employees |
127,468
|
|
|
|
|
| |
Revenue |
$2.59 M
+ 18 % |
|
 |
| |
Net earnings |
$305 M
+ 20 % |
|
|
|
|
