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IBM Produces an "Electronic Data Processing Machine" (December 1952)

In December 1952 IBM introduced the 701, their first stored-program electronic computer for commercial production. Designed by Nathaniel Rochester, and based on the IAS machine at Princeton, the IBM 701 was intended for scientific use. Feeling that the word "computer" was too closely associated with UNIVAC, IBM called the 701 an “electronic data processing machine.” IBM eventually sold nineteen of these machines. (See Reading 8.9.)