PC Sector Sale By IBM Would Signal Change
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Among corporate technology managers, it&#39;s one of the oldest adages: &quot;Nobody ever got fired for buying IBM.&quot;. That is because many regarded it to be a safe bet to do business with the established
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The good news, analysts say, is that price cuts will keep the PC market afloat. The bad news is that revenue will decline.
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IBM is exiting the PC business, but it -- along with some PC competitors -- should benefit.
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San Francisco, December 4: IBM is reportedly in talks 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's (NYSE: IBM) deal to sell off its PC unit to China-based Lenovo may hit a snag, as U.S. federal agencies decide whether the arrangement endangers national security.
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NEW DELHI: IBMâs PC business sale could rock the Indian PC market. Virtually missing from the consumer PC market till now, IBM India is already drawing up a blueprint to sell PCs to households.
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IBM's decision to sell its personal computer business to China-based Lenovo gives the world's third-largest nation the distinction of housing what will soon be the world's third-largest PC maker. On a deeper level, the deal also marks a changing of the guard in the PC business and rearranges the game board for rivals Dell and Hewlett-Packard.
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NEW YORK, New York, United States of America -- International Business Machines (IBM) Corp has put its computer business up for sale, the New York Times said Friday, quoting people close to negotiations.
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IBM is in talks to sell its personal computer manufacturing business which, if successful, would mark the end of an era in the brief history of the PC, a machine the company helped to invent.
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After agreeing to sell its PC division to China's Lenovo Group, IBM now faces the task of keeping its corporate and government customers from abandoning its standard-setting brand.
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International Business Machines Corp.  IBM.N has put its personal computing business up for sale in  a deal that could be worth as much as $2 billion, the New York  Times reported on Friday.
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SAN FRANCISCO: IBM is reportedly in talks 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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By George Chamberlin , Daily Transcript Financial Correspondent. A forecast that the personal computer industry could experience shrinkage over the next couple of years came as no big surprise.
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IBM Corp. has put its PC business up for sale, according to a story published on Friday on the Web site of The New York Times.
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IBM (IBM.N: Quote, Profile, Research) is reportedly in talks to sell its personal computer business in a deal that could be worth up to $2 billion and would cap a
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International Business Machines, better known as (IBM), will cease producing their personal computer (PC) production activities. According to the news of New York Times, the strongest candidate to buy the
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Ziff Davis - IBM's decision to sell its PC business to Chinese computer maker Lenovo Group Ltd. is offering lessons both in how to expand into emerging markets and how federal regulators will view such deals.