Analysis: IBM Adjusts to Harsh PC Market
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IBM's deal with Lenovo may signal a round of industry consolidation, analysts say.
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IBM lost the 1980s. But the big payoff may be still to come.
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San Francisco - It is reported that IBM is to sell its personal computer business in a deal that could be worth up to $2 billion and would cap a gradual withdrawal from the business it helped to pioneer in 1981.
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IBM has put its PC business up for sale, according to a story published on Friday on Web site of The New York Times.
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IBM will push its Power5 line of servers down into the low end of the market, taking Linux with it, when it unwraps an aggressively priced series of Linux-only systems on Monday that will go up against the offerings of Sun Microsystems and Hewlett-Packard
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IBM IBM.N is looking to sell its personal computer business in a deal that could be worth up to $2 billion, The New York Times reported on Friday, capping a gradual withdrawal from the business it pioneered.
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As expected, the PC industry is ready with new Vista computers after years of delays. But the immediate impact on the PC market could be muted.
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IBM reportedly is selling its personal computer business for some $2 billion, possibly to China&#39;s Lenovo. Big Blue currently ranks a distant third in PC sales with a 6 percent market share, trailing
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U.S. computer firm IBM  raised  US$123 million by selling about 3.5 percent of number three  global PC maker Lenovo Group Ltd. (0992.HK), a term sheet  showed, triggering a 7 percent share slide before a suspension  kicked in.
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SAN FRANCISCO--Buoyed by brisk sales of its mainframe computers in recent quarters, IBM is aiming to broaden the use of the powerful machines, particularly in China, the world&#39;s fastest-growing large economy.
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IBM is exiting the PC business, but it -- along with some PC competitors -- should benefit.
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IBM&#39;s expected decision to sell its $11.5 billion PC business would mark the end of an era and dramatically reshape the systems landscape, posing
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PC Magazine - IBM provides software, hardware and services to enable financial services firms to support high-performance computing and grid systems.
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IBM is moving aggressively into the software space.
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IBM has quit the personal computer market 23 years after legitimising the PC revolution that changed everything - from the way we work to the fortunes of Microsoft&#39;s Bill Gates.
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It's good news for users: as CPU and memory chip sales fall, so will prices--to vendors' dismay.
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IBM, a barometer of trends in the computing business, delivered a solid quarterly performance on Monday that pointed to modest if uneven improvement in the corporate technology sector.