The IBM 1401 Data Processing System is released in October 1959. Priced at $2,500 per month, this is IBM's first affordable general-purpose computer for business. The 1401 is host to one of the earliest high-level business-oriented programming languages, Report Program Generator (RPG), which increases its usability and popularity. The IBM 1401 is the first computer to sell 10,000 units.
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