A computer system is a network of interconnected computers that share central storage and peripheral devices like printers. Each computer on the network can operate independently but can also communicate with other devices and computers. The information processing cycle in a computer includes input, which refers to any data entered into the computer like text, photos, or data from other devices. This input is then processed by the computer's processor. The computer then produces output, which is any results of the processing like calculations, search results, or printed documents. Both the input and output are stored in the computer's storage for future access and processing.