Saturday, December 04, 2004

Nobody ever got fired for buying IBM

IBM

Big Blue is about to stop shipping PCs:


IBM, whose first 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 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 bring the end of an era in an industry that it helped invent. The sale, likely to be in the $1 billion to $2 billion range, is expected to include the entire range of desktop, laptop and notebook computers made by IBM.


Wow, this trully is an end of an era. While IBM are certainly not angels, their departure from the PC business is the end of an era. It is, after all, an industry they started and helped create.

To quote Steve Jobs, IBM has really done something insanely great and changed the world. This thing they started truly was, insanely great.

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