IBM adjusts to harsh PC market
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Perhaps it isn't quite as surprising as if Ford MotorÂ Co. suddenly decided to sell the Mustang sports car brand to Hyundai. But IBM's decision to sell its PC business to China's Lenovo Group underscores the challenges that manufacturers face in the modern PC business, even for a company synonymous with the product.
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Lenovo Group Ltd.&#39;s purchase of IBM Corp.&#39;s PC business solves problems for both companies, but it also could benefit their rivals, at least in the short term.
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Squeezed at home, China&#39;s biggest computer maker, Lenovo, is buying IBM&#39;s money-losing PC business. But venturing abroad is fraught with risk.
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IBM has gained a crucial foothold in China by selling its PC business to Lenovo, the countryâs biggest computer maker, for $1.75 billion (Â£900 million) in cash, shares and debt.
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IBM, which pioneered the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry.
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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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Notebook PC makers are stretching the boundaries of light-weight and low-cost computing.
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Under stress, can the computers of the NYSE make the grade?
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From the introduction of its first PC in 1981 to this week&#39;s sale of its PC business to Lenovo of China for about $1.75 billion in cash, IBM has had a quite a few milestones in the PC industry.
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Firm may be facing greater difficulties than previously thought in getting hold of chips to power its high-end PCs.
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IBM is exiting the PC business, but it -- along with some PC competitors -- should benefit.
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IBM is hitting an all-time low -- for itself, that is -- in the storage market with a new series of entry-level arrays. The new arrays, including its first iSCSI array and an entry-level Fibre Channel model
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&quot;Every [PC maker] has to deal with this, one way or another,&quot; International Data Corp. analyst Roger Kay said. The problem is that it&#39;s difficult to make money on PCs today, given how cutthroat competition has driven down prices.
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Ziff Davis - In recent years, IBM made solid, secure desktop machines, but computers didn't improve the company's ability to sell IBM services and consulting.
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IBM has unveiled a major reorganization in its Systems and Technology Group that shifts the emphasis away from the product lines towards more of a go-to-market focus.
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The argument has long been that even if IBM loses money selling PCs - and in recent years it frequently has - those sales are still a foot in the door, a route to selling higher margin servers, software and services.
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IBM is tweaking its semiconductor technology to help extend the performance of its servers and enterprise PCs, the company said Monday.