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RE: IBM Reportedly Selling PC Business

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RE: IBM Reportedly Selling PC Business
by bucy at 2:42 pm EST, Dec 3, 2004

dmv wrote:
] bucy wrote:
] ] ] NEW YORK (AP) -- International Business Machines Corp.
] ] ] has reportedly put its personal computer business for
] ] ] sale in a deal that could fetch as much as $2 billion and
] ] ] close an era for an industry pioneer that long ago
] ] ] shifted its focus to more lucrative segments of the
] ] ] computer business. Its stock rose nearly 2 percent in
] ] ] midday trading in the wake of the report.
] ] ]
] ] ] The New York Times reported Friday that IBM is in serious
] ] ] discussions with the Lenovo Group, China's biggest maker
] ] ] of personal computers, and at least one other
] ] ] unidentified prospective buyer for the unit.
] ]
] ] !!!
]
] Gartner++.

As I like to say, When IBM walks away from a business, it says something...

RE: IBM Reportedly Selling PC Business


 
 
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