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How the IBM PC Won, Then Lost, the Personal Computer Market

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On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. Soon, though, the world began embracing little computers by the millions, with IBM dominating those sales. With that, the preeminent U.S. and Poughkeepsie, N.Y.,

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