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TIME: Almanac 1993
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TIME Almanac 1993.iso
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070990
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0709201.000
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1992-08-28
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797b
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21 lines
BUSINESS, Page 54Business NotesCOMPUTERSBig Blue Wants To Go Home
Five years ago, IBM was forced to retreat from the
home-computer business after its PCjr. proved to be a flop.
Last week the company rolled out a new line of computers
designed for novice users. The PS/1 represents a vast
improvement over the PCjr., which was much maligned as awkward
and toylike. The new computers come loaded with user-friendly
software programs, and IBM has developed an electronic hot line
to help first-time buyers. Yet the PS/1 faces obstacles,
notably the abundance of competitors. Another drawback is PS/1's
cost, estimated at $1,000 to $2,000, which may be too high for
many households.