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X-WR-CALDESC:12 August 1981: IBM introduced the first IBM PC (IBM 5150) wit
 h a price tag of $1565. Two decades earlier\, an IBM computer often cost a
 s much as $9 million and required an air-conditioned quarter-acre of space
  and a staff of 60 people to keep it fully loaded with instructions. The n
 ew IBM PC could not only process information faster than those earlier mac
 hines but it could hook up to the home TV set\, play games\, process text 
 and harbor more words than a fat cookbook. \n\nPrior to its introduction\,
  one IBM analyst was quoted as saying that 'IBM bringing out a personal co
 mputer would be like teaching an elephant to tap dance.' During a meeting 
 with top executives in New York\, lab director Bill Lowe claimed his group
  could develop a small\, new computer within a year. The response: 'You're
  on. Come back in two weeks with a proposal.' Lowe's group of 12 strategis
 ts worked around the clock to hammer out a plan for hardware\, software\, 
 manufacturing setup and sales strategy. They developed the proposal for th
 e first IBM personal computer. It was so well-conceived that the basic str
 ategy remained unaltered throughout the product cycle.\n\n(Excerpts are fr
 om ibm.com history.)\nLearn more about IBM's PC debut in the IBM Archives 
 via the link below.
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DTSTAMP:20260424T111328Z
DESCRIPTION:12 August 1981: IBM introduced the first IBM PC (IBM 5150) with
  a price tag of $1565. Two decades earlier\, an IBM computer often cost as
  much as $9 million and required an air-conditioned quarter-acre of space 
 and a staff of 60 people to keep it fully loaded with instructions. The ne
 w IBM PC could not only process information faster than those earlier mach
 ines but it could hook up to the home TV set\, play games\, process text a
 nd harbor more words than a fat cookbook. \n\nPrior to its introduction\, 
 one IBM analyst was quoted as saying that 'IBM bringing out a personal com
 puter would be like teaching an elephant to tap dance.' During a meeting w
 ith top executives in New York\, lab director Bill Lowe claimed his group 
 could develop a small\, new computer within a year. The response: 'You're 
 on. Come back in two weeks with a proposal.' Lowe's group of 12 strategist
 s worked around the clock to hammer out a plan for hardware\, software\, m
 anufacturing setup and sales strategy. They developed the proposal for the
  first IBM personal computer. It was so well-conceived that the basic stra
 tegy remained unaltered throughout the product cycle.\n\n(Excerpts are fro
 m ibm.com history.)\nLearn more about IBM's PC debut in the IBM Archives v
 ia the link below.
DTSTART;TZID=America/New_York:20260812T000000
DTEND;TZID=America/New_York:20260812T235900
LOCATION:
SUMMARY:1981: IBM PC Debut
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