These massive and predictable sources of demand from the government caused the price of each microchip to fall rapidly. The first prototype chip for the Apollo Guidance Computer cost $1,000. By the time they were being put into regular production, each cost $20. The average price for each microchip in the Minuteman missile was $50 in 1962; by 1968 it was $2. Thus was launched the market for putting microchips in devices for ordinary consumers.
-Walter Isaacson, The Innovators: How a Group of Hackers, Geniuses, and Geeks Created The Digital Revolution
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