floppy disk (thing)
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"Floppies" are low [density] [magnetic] [diskette] [media]. The magnetic [iron oxide|ferric oxide] material is applied over a [Mylar] [disc] with a metal or reinforced [spindle] in the center. Modern 3.5 in. floppy disks are [encase]d in a [firm] [plastic] [shell]. At their introduction around 1987 some people referred to these as [firmy|firmies] to differentiate them from older, flimsy 5.25 in. and 8 in. diskettes.
At the time of this writing floppies are pretty much passe. New [Apple] [iMac]s don't even ship with floppy drives. Higher [capacity] "removable media" like [Zip Disk]s, [Orb Disk]s, and [cd-rw|rewriteable] [compact disc]s, are slowly taking over. However, the seeming ubiquity of the 1.44[megabyte|MB] floppy will probably save it from [obsolescence] for [century|many years] to come.