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The first issue of ThinkThe first issue of Think -- an IBM employee and customer magazine that features articles on such wide-ranging topics as education, science, art, and international relations -- is published.


Women Systems ServiceIBM holds its first training class for women systems service professionals in Endicott, New York. Ruth M. Leach, who becomes IBM's first female corporate vice president in 1943, was a graduate of this class.


IBM markets the first commercially successful electric typewriter, the Electromatic. IBM would produce electric typewriters until 1990. Also brought to market are a gang summary punch for alphabetic accounting machines and the automatic carriage.

A new plant in Milan, Italy, is completed.

Survivor benefits are added to employee group life insurance.

People

Employees

8,654

Finance

Revenue

$21 M


Net earnings

$7 M


Dividend

3%