(Credit: Dong Ngo/CNET)
The device in question is the HP 12c calculator, first launched exactly 30 years ago today, on September 1, 1981. Ever since, without much fanfare, it's been a quietly vital tool in finance, business, and academia. According to HP, the 12c is still one of only two standard calculators permitted for use during financial professional certification exams. This is because when it was released, the calculator offered more-accurate computations than the federal standard. It also features an unmatched keypad layout that provided unprecedented ease of use. The device itself is compact enough to fit in a pants pocket.
However, the design is one of the best parts, according to Harms, because it minimized the amount of components inside. Essentially, the calculator has only three main parts: the processor, the RAM ROM Display Driver chip (aka "R2D2") and a digital clock. This allows the product to last for years on just two miniature replaceable batteries. "The processor itself computes in decimal, instead of binary, making the calculation very accurate and fast at the time," Harms said. The HP 12c is also one of the first devices that uses CMOS for its circuit-board and 10-digit registers as its memory.
Harms believes the reason why the HP 12c is still in use today, despite the fact that all smartphones and personal computers include a calculator app, is because the device just works, and works instantly without loading time. According to Harms, the 12c is also an example of HP's emphasis on quality at that time. As he recalled, previous generations of HP calculators hadn't done so well and the upper management told him and his team to take their time to make the product as good as it could be. "They told us not to screw this up and that we're not going to introduce this thing until it's ready," Harms said.
Still, the success of the 12c has gone beyond the expectation of HP, which in the early '80s was still focused mostly on test and measurement devices. According to Harms, the product was first ordered by college bookstores. At the time, because of the common lag between ordering and production, retailers tended to order about four times the number of products they expected to sell immediately. The bookstores ordered 4 million units of the HP 12c, expecting to sell just 1 million. To everyone's surprise, everything sold out at launch.
The HP 12c was expected to last just a few years on the market. Thirty years later, the question is: when will it no longer work for our needs? According to Harms, because of the memory limit, the 12c's date calculator can handle dates only up to 11/16/4096. After that, it might not be reliable anymore. While this is not exactly year 5K-compliant, it looks like it'll be quite a long time before you'll need to replace it.
And if you don't have one yet, HP announced today that it's now shipping the 30th Anniversary Edition of the calculator. The product is basically the same as the original, except for a unique production number laser-etched on its back. Each 12c comes in a gift box and costs $79. The original HP 12c was priced at $100 when it was launched.