On this day in 1981, a very excited set of computer strategists announced the IBM Personal Computer to a press conference at the Waldorf Astoria in New York City. With a price tag of $1,565, the new IBM PC could process information faster than any earlier PCs and could connect to the home TV set, play games, and process text. Thankfully, the cost of a personal computer has decreased a bit over the years!

Today, take time to appreciate your computer, its lightning-fast speed, and its (relatively) small price tag. (If you don't, the computer may remember when Judgment Day rolls around on August 29th. I'm just saying . . . )