IBM's mainframe hits middle age

Tomorrow is the fortieth anniversary of IBM's first mainframe computer, the System/360, which they rented
to companies for anywhere between $2,700 and $115,000 a month.Not only have mainframes not disappeared like everyone thought they would, IBM still manages to sell $3.2 billion of them a year. Which, just to put things in perspective,
means that IBM will make way more money this year from selling supposedly obsolete mainframes than, say,
palmOne will make this year from selling smartphones and PDAs or than Apple will make this year from selling iPods.

[Via Slashdot]