History (1988): IBM Cuts Prices of 3480 Tape Drives Models

IBM Corp. (USA) cut prices on 3480 models A 11, A 22, B11 and B22, by 12 to 17%.

The A 22 will sell for $56,930 compared with $68,590. The B22 with two drives will cost $39,840, the A 11 $42,770 and the B 11 $35,860.

The transfer rate in this unit will be increased from 3MB/s to 4.5MB/s for $4,000 and its buffer storage from 1MB to2 MB.

The capacity of the 3480 cartridges is expected to be four to five times larger next year.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue ≠9, volume ≠1, published on October 1988.