IBM introduced a few products during that time period, but there wasn't a whole lot of development going on during this period due to the depression and then Wo

IBM introduced a few products during that time period, but there wasn't a whole lot of development going on during this period due to the depression and then World War II. During WWII, IBM produced a lot of bombsights and rifles, strangely enough. One interesting thing about the Depression is that IBM weathered it better than most companies because it rented equipment rather than selling it. Companies weren't doing any new investment, but they mostly kept renting the IBM equipment they had. Plus, IBM was selling millions of punch cards per day.