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IBM

IBM was incorporated in the state of New York on June 15, 1911 as the Computing-Tabulating-Recording Company. The company focused on providing large-scale, custom-built tabulating solutions for businesses, leaving the market for small office products to others.

In 1914, Thomas J. Watson joined the company as general manager. During Watson's first four years, revenues doubled to $2 million. He also expanded the company's operations to Europe, South America, Asia and Australia. In 1924, to reflect C-T-R's growing worldwide presence, its name was changed to International Business Machines Corp., or IBM.

On August 12, 1981, IBM executives held a press conference in New York to introduce a momentous new computer- the IBM Personal Computer, or the PC, as it became known. This was the culmination of many events at IBM over the previous few years.

The PC business required something different. This new market was moving quite fast, and a new entrant would have to move quickly. Apple, Tandy and Commodore had all produced ground-breaking machines during the previous two years. Any computer from IBM would need to target individuals as well as businesses, even if the ultimate aim was to continue to sell

. . .
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Approximate Word count = 805
Approximate Pages = 3 (250 words per page double spaced)

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