Analysis: IBM adjusts to harsh PC market
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DECEMBER 08, 2004 (IDG NEWS SERVICE) - Perhaps it isn&#39;t quite as surprising as if Ford suddenly decided to sell its Mustang sports car brand to Hyundai.
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IBM (NYSE: IBM) was the company that made the personal computer a legitimate business tool, and during the formative years of the PC industry, its products set the standard.
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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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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. IBM is discussing selling the business to
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This week, IBM said it is selling off most of its PC division to Lenovo, China&#39;s No. 1 PC maker. The news is likely to rattle IBM customers - but it may end up benefiting them long term.
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MacCentral - The PC market won't grow as fast in 2004 as originally predicted by Gartner Inc. analysts, as concerns about the overall health of the U.S. economy weigh on the market, the market research company said.
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Division of labour IBM is rejigging its hardware business around customer types, rather than by product, according to an internal memo obtained by the AP.â¦
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IBM Corp., the world&#39;s largest computer maker, said it is selling versions of its top supercomputer that may be scaled down for businesses and less-intensive scientific use.
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IBM is exiting the PC business, but it -- along with some PC competitors -- should benefit.
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IBM appears close to signing a deal to turn its PC business over to Lenovo Group of China. Industry experts say it makes sense for IBM to get out of the low-margin PC business, but caution that
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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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IBM transformed the world when it launched the personal computer back in 1981. Its decision last week to sell its PC business to Chinese IT supplier Lenovo shows how profound the changes it brought about really are.
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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.
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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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Squeezed at home, China's biggest computer maker, Lenovo, is buying IBM's money-losing PC business. But venturing abroad is fraught with risk
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Analysts speculate that the software giant will focus on the low end of the market, at least initially.
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The immediate future of the computer industry -- and its biggest players -- took center stage Tuesday after IBM announced it is selling its PC business to a Chinese technology giant.