Just Gotta Love Technology!!!!
IBM unveiled the 305 RAMAC on September 13th, 1956.
The computer was nothing but a revolution since it could store up to 4.4MB of data (5 million characters) – an enormous amount of data back then. The data was stored on fifty 24 inch magnetical disks. More than 1000 systems were built and the production ended in 1961. IBM leased the computers for $3,200 per month.
from:
http://gadgets.fosfor.se/history-of-data-storage/
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