IBM has officially been sold. :(

Toggle sidebar Toggle sidebar
I

ingenuiti

Member
Aug 1, 2002
189
0
0
No, IBM has been moving away from the PC market as it will not provide them the growth Wall Street is expecting. News of this sale from the beginning of the week has actually helped their stock as many analysts said it was about time. Although, IBM has sold its PC division it will have an alliance with the buyer to produce IBM branded PCs and Laptops.
 
I

ingenuiti

Member
Aug 1, 2002
189
0
0
Originally posted by: jumpr
Under $2 billion? I'm surprised IBM let itself go for that little.
Click to expand...

As someone stated, it is just the IBM PC division and not all of IBM. IBM makes over $6 billion in a month.
 
W

welst10

Platinum Member
Mar 2, 2004
2,562
1
0
In return, they got a 19% share in Lenovo, which might pay them back big time in the future. IBM isn't stupid.
 
C

Chadder007

Diamond Member
Oct 10, 1999
7,560
0
0
Originally posted by: ingenuiti
No, IBM has been moving away from the PC market as it will not provide them the growth Wall Street is expecting. News of this sale from the beginning of the week has actually helped their stock as many analysts said it was about time. Although, IBM has sold its PC division it will have an alliance with the buyer to produce IBM branded PCs and Laptops.
Click to expand...

Umm no....
"With speculation about the impending deal mounting Tuesday, IBM's stock fell $1.57 per share to $96.10 in trading on the New York Stock Exchange."
 
I

ingenuiti

Member
Aug 1, 2002
189
0
0
Originally posted by: welst10
In return, they got a 19% share in Lenovo, which might pay them back big time in the future. IBM isn't stupid.
Click to expand...

Good point. Analysts are seeing this as a way for IBM to leave the low margin PC and laptop market but to also gain a foothold in the growign chinese market through Lenovo.
 
D

DnetMHZ

Diamond Member
Apr 10, 2001
9,826
1
81
Originally posted by: Ornery
Name a better PC laptop, asswipe.
Click to expand...

I'll admit my dislike for IBM laptops is somewhat dated.
Back in the days of NT, I had to do a roll out of 100+ thinkpads and it was a nightmare





asswipe
 
W

welst10

Platinum Member
Mar 2, 2004
2,562
1
0
ThinkPads blow Toshiba away. I own a T21 for 3.5 yrs now. Dropped it once to the floor. Still works like new.
 
I

imthebadguy

Platinum Member
Aug 14, 2004
2,703
0
0
damn, IBM pc's are a joke, but the thinkpads are like the lexus's of laptops, state of the art lappys, i hope these chinese ba$tared dont fvck up the thinkpad line
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom