Why did IBM want to sell its PC business?
Soon after taking over as CEO, Palmisano determined that IBM’s personal computing business would have minimal room for innovation, so he decided to sell. This caused fervent internal debate mainly because its PC division was still profitable at the time.
What are meant by IBM PC and IBM compatible computer?
IBM PC compatible computers are similar to the original IBM PC, XT, and AT that are able to use the same software and expansion cards. Such computers were referred to as PC clones, or IBM clones. The term “IBM PC compatible” is now a historical description only, since IBM no longer sells personal computers.
Why did IBM sell to Lenovo Reddit?
IBM isn´t interested in commodity business units, and thus, sold it off to Lenovo, who, as a Chinese company, could produce for lower costs, and was willing to compete in the commodity business.
When did IBM sell ThinkPad?
2005
In 2005, technology company Lenovo purchased the IBM personal computer business and the ThinkPad as a flagship brand along with it. Speaking about the purchase of IBM’s personal computer division, Liu Chuanzhi said, “We benefited in three ways from the IBM acquisition.
When did the IBM Personal Computer come out?
On August 12, 1981, IBM released the IBM Personal Computer. One of the most far-reaching decisions made for IBM PC was to use an open architecture, leading to a large market for third party add-in boards and applications; but finally also to many competitors all creating “IBM-compatible” machines.
What is an IBM PC compatible computer?
IBM PC compatible computers are similar to the original IBM PC, XT, and AT that are able to use the same software and expansion cards. Such computers were referred to as PC clones, or IBM clones. The term “IBM PC compatible” is now a historical description only, since IBM no longer sells personal computers.
How much did the IBM PC cost?
The new IBM PC could not only process information faster than those earlier machines but it could hook up to the home TV set, play games, process text and harbor more words than a fat cookbook. The $1,565 price bought a system unit, a keyboard and a color/graphics capability.
Is the Compaq Portable compatible with IBM?
The Compaq Portable was one of the first nearly 100\% IBM-compatible PCs. IBM PC compatible computers are similar to the original IBM PC, XT, and AT that are able to use the same software and expansion cards. Such computers were referred to as PC clones, or IBM clones.