In 1980, IBM introduced the first hard disk drive to break the 1GB barrier. It was called the IBM 3380 and was capable of storing 2.52GB (“2.52 billion characters of information,” according to IBM). This machine weighed 550 pounds (250 kg) and had a cabinet the size of a refrigerator. By transferring information at three million characters per second, it enabled users to access a large amount of data quickly.
After some delivery hiccups in 1981, the 2.52GB refrigerator-sized IBM 3380’s price was $81,000 when it finally went on sale.
So, the price of 1 MB was USD 32.4 and the cost of a 1GB hard drive in 1980 was $32400.
What are the things that you can buy today for $32400?
