At the Waldorf Astoria Hotel in New York City on August 12, 1981 IBM presented the 5150. At a price tag of $1,565 ($3,704.77 today with inflation) this system included:
- 5.25-inch floppy drives or a tape drive
- 4.77 MHz Intel 8088 Processor
- 16 KB of RAM (expandable to 256 KB)
- PC-DOS 1.0
