That was in 1980. One year later, the IBM 5150 personal computer was selling out at stores for USD 1,565, not including a monitor.
Lowe, who was credited with fostering collaboration within the computer industry, died on October 19 in Illinois of a heart attack, his daughter Michelle Marshall said. He was 72.
Marshall said she didn't realise the magnitude of what her father helped accomplish until she was an adult.
"I'm so incredibly proud of him ... He's touched everything," Marshall said yesterday. "If he hadn't taken a risk and had the chutzpah he did to make it happen, it could have taken so many more years before everyone had a computer on their desktop."
Lowe and his team were able to develop the IBM PC so quickly by adopting open architecture, using parts and software from outside vendors, including Microsoft, according to IBM's website.
Despite his accomplishments, Marshall said, her father didn't really learn how to use a PC until he left IBM and was working at Xerox.
"He was a slow adapter, but he understood the implication," she said.
She said her father grew up poor in Pennsylvania and was the first person in his family to go to college.
Lowe joined IBM in 1962, when he finished college with a physics degree.
He went on to serve as an IBM vice president and president of its entry systems division, which oversaw the development and manufacturing of IBM's personal computers and other businesses. He left the company in 1988 to work for Xerox, and later became president of Gulfstream Aerospace Corp.
Lowe also is survived by wife, Cristina Lowe, four other children -- Julie Kremer, James Lowe, Gabriela Lowe and William Daniel Lowe -- and 10 grandchildren.
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