IBM and the Computer Industry

Dominance

By the mid 1960s IBM so dominated the computer industry that business insiders often spoke of "IBM and the Seven Dwarfs," which referred to IBM and the other major computer manufacturers. Its supremacy had been established in the early 1950s when it surpassed computer pioneer Remington Rand (later merged into Sperry Rand). IBM continued to eat up the market share, as the industry went through several generations. The first computers were giant machines using vacuum tubes. Vacuum tubes gave way to transistors in the second generation

IBM AND THE SEVEN DWARFS-THE COMPUTER INDUSTRY BY MARKET SHARE IN 1965

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Company Market Share
IBM 65.3
Speny Rand

[The entire page is 553 words long]

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