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IBM puts PC business for sale?

NEW YORK, DEC. 3. International Business Machines, whose first IBM PC in 1981 moved personal computing out of the hobby shop and into the corporate and consumer mainstream, has put the business up for sale, people close to the negotiations said on Thursday.

While IBM long ago ceded the lead in the personal computer market to Dell and Hewlett-Packard so it could focus instead on the more lucrative corporate server and computer services business, a sale would nonetheless mark the end of an era in an industry that it helped invent. The retreat from the business may be the ultimate acknowledgement that the personal computer has become a staple of everyday life.

New York Times

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