Topic summary
Selectric

Extracted from the Wikipedia article IBM Selectric.
IBM Personal Typewriter
Shortly after the introduction of the Selectric III, IBM introduced the IBM Personal Typewriter, a hybrid model that used the widely available 88-character “golfball” type elements and correction tape of the Selectric II, but used the newer Selectric III's ribbon cartridges. Limited to a single fixed pitch (only 12 CPI, though either pica or elite type elements could be used), the typewriter was significantly less expensive than either the Selectric II or Selectric III and targeted the home and consumer markets.