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The link says "$5,000,000,000 in 1964 is equivalent in purchasing power to about $44,968,064,516.13 today", which is $45 billion. Considering that the entire r
by jecel 5y ago
The link says "$5,000,000,000 in 1964 is equivalent in purchasing power to about $44,968,064,516.13 today", which is $45 billion.
Considering that the entire revenue for IBM in 1964 was $3.2 billion (1964 money), spending $5 billion on a project (over several years) was certainly a "bet the company" move.