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Technology Stocks : Apple Inc.
AAPL 255.48-1.1%3:59 PM EST

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To: Karin who wrote (16109)7/31/1998 3:21:00 AM
From: Zen Dollar Round  Read Replies (2) of 213182
 
I can not figure out why AAPL did not include a Floppy Disc Drive in their iMac.--

Because the iMac started life as the NC, or Network Computer. The concept of the NC is a network bootable device that starts up as a smart client to a powerful server. NCs don't need a floppy drive as all their software comes from and is run from the server.

I'm sure the engineers could have added a floppy drive controller and drive to the iMac, but it would have increased the cost and Steve Jobs thinks the floppy is outdated. So, he decided to go with what they had when the market realities of the NC didn't pan out. Hence, your iMac without a floppy drive.
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