Big Calculator: How Texas Instruments Monopolized Math Class

Discussion in 'The OT' started by Mark Holtz, Dec 11, 2019.

  1. Mark Holtz

    Mark Holtz New Texan

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    From Medium:

    Big Calculator: How Texas Instruments Monopolized Math Class
    These $100 calculators have been required in classrooms for more than 20 years, as students and teachers still struggle to afford them
    FULL ARTICLE HERE
     
  2. Mark Holtz

    Mark Holtz New Texan

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    I can already hear someone saying "Isn't there an app for that?" Yes, yes there is. The problem is that pesky "cheating" part, plus the fact that many instructors do not want the students distracted by their mobile devices.
     
  3. AntAltMike

    AntAltMike Hall Of Fame

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    From the linked article:

    "...analyst Blayne Curtis ...told the Post that he estimated a TI-84 Plus costs $15 to $20 to make and likely has a profit margin of over 50% for Texas Instruments.

    This profit margin is likely a conservative estimate, a former employee in Texas Instruments’ calculator division told me. “As a former teacher, I was appalled at the pricing, not only for educators but for the families who were forced to pay inflated prices for the damn things,” she told me. “The margin is incredible. I can’t verify the exact numbers, but the margin was like 85% 90%.” In comparison, PC manufacturers like HP, Lenovo, Dell, Asus, and Acer have profit margins below 3%. (Texas Instruments did not return a request for comment for this story.)..."
     
  4. inkahauts

    inkahauts Well-Known Member

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    Funny the person saying the profit margin is 90% forgets that a lot of profit goes to the retailers selling the calculators. I wouldn’t be surprised if TI has only about a 50% profit, and then the retailers also have a 50% profit.
     
  5. billsharpe

    billsharpe Hall Of Fame

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    No calculators in the mid-50's when I took engineering classes. I used a slide rule and still have it.
     
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  6. MysteryMan

    MysteryMan Well-Known Member DBSTalk Club

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    I still have my slide rule and architect scale.
     
  7. scooper

    scooper Hall Of Fame

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    I remember high school (graduated in 1978). I had an Sr50, Ti30, as well as a Ti59 programmable (all Texas Instruments) between high school and college.
    The other big brand was HP with their RPN calculators
     
  8. James Long

    James Long Ready for Uplink! Staff Member Super Moderator

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    My favorite high school math teacher would allow a slide rule but no calculators in his class.
     
  9. billsharpe

    billsharpe Hall Of Fame

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    I could not get used to the HP RPN calculators. I still have my TI-58, but it only works with the aC adaptor. The battery has long since lost its charge. I hardly ever use it, though, as my computer, tablet, and smart phone all have scientific calculators.
     

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