Introduced by IBM in 1971 and officially a "diskette," it was nicknamed "floppy" because the first varieties were bendable. In the late 1970s, the floppy was the first personal computer storage...
Alternatively called a floppy or floppy disk, a floppy diskette is a storage medium capable of holding electronic data, like a computer file. The floppy diskette was created in 1967 by IBM as an alternative to buying hard drives, which were extremely expensive at the time.