CHICAGO (AP) – William C. Lowe had a bold idea: IBM should develop a personal computer that could be mass marketed, expanding the company’s reach beyond businesses and into people’s homes. That was in ...
IBM's PC unit piled up nearly $1 billion in cumulative losses in recent years, the company said in a filing detailing the planned sale of the business to China's Lenovo Group. The merger of IBM's PC ...
On its face, the merger creates the third-largest PC business in the world, with approximately $12 billion in 2003 revenue and an 8 percent market share. The risk for Lenovo is that it might not add ...
All modern Intel and AMD PCs can trace their roots to a single system: the IBM Personal Computer. Originally released in August 1981, this computer became so popular and long-lived that competitors ...
When talking about global benchmarks, people use the expression "global standard." A standard means a benchmark. A standard is a promise that spans the economy, industry, and technology. Technological ...