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Day 38: For today's shot, I pulled out my trusty HP 12C calculator. Introduced 30 years ago, it remains standard equipment for finance professionals around the world today. As they say, if it ain't broke, don't fix it. I just love this calculator. I guess I'm a finance geek at heart.
Another photo of this calculator: This is perhaps the rarest calculator in my collection - one of only 3 known to exist. One day in the HP factory, they experimented with blue dye in the mould resulting in this! From 1986.
The Hewlett Packard 12C has been in continuous production since 1981. Although it was originally designed with a design life of 2 years (in line with 'usual' production philosophy around that time), however demand has never relented for this product. It is one of the longest lasting consumer electronic devices ever produced. It is also the benchmark calculator for finance and business. You might even say that the HP12C pictured above is also a clone of the original made back in 1981 - it has a different processor, different construction, and mass produced in China compared to the original, which was built in the USA.
The calculator is so successful in fact that many other manufacturers have copied the design to varying degrees.
Top row: Switzerland made DM-12CC, Victor V12.
Bottom Row: Current Chinese made HP12C (ARM processor), Compucessory Financial Calculator (keyboard layout is different, but all the same keys are there)
Two versions of the Hewlett Packard 80 financial calculator. Both with their metal boxes showing the two versions - with and without "80" on the front label.
The HP-80 was HP's second hand-held calculator ever produced, as well as their first financial calculator.
It came packaged in a very well made metal box, in contrast to the moulded plastic that the HP-35 scientific calculator came in at the time.
Introduced in 1973 and discontinued in 1978 - price at the time was US$395.
Sharp Compet CS-1302 desktop calculator with VFD display. This is a beast of a desktop financial calculator - would have made a nice statement back in the days before everyone had a computer on their desk.
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During the first nine months of the current fiscal year, the cost of servicing US government debt rose 25% to $652 billion. According to Treasury Department data released Thursday, the federal deficit reached $1.39 trillion during the nine months through June, up 170% from a year ago.
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The finest financial calculator involves careful consideration that should include use requirements, spending capacity, necessary functionality, and simplicity of use. It functions similarly to calculators with five keys for the time value of money, like the BA II Plus or HP 12CP.
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