Jos Dreesen wrote:
William Blair wrote:
5 MB (approx.) for only $3,200/month ($24,978 in
2009 dollars)!
I wonder what use case would justify that kind of expense, or would tape
storage not have been that much cheaper ?
Well, keep in mind that's the rate for a 305 processing system, including a 350
storage unit, not just a 350 storage unit ('hard drive') (see
http://www-03.ibm.com/ibm/history/exhibits/650/650_pr2.html).
It actually sounds surprisingly good in comparison to rates for a 709 system,
from the 1961 BRL report:
Monthly Rental,
average system: $55,200
(from:
http://ed-thelen.org/comp-hist/BRL61-ibm0709.html)
It's not clear exactly what is included in these so there may be some apples
and oranges comparision there, but it gives you an idea of what big
organisations were willing to pay for some data processing in the period.
I've never heard much about the CPU for the 305 system - technical specs,
architecture description or how it compared with other contemporary IBM CPUs.