Wednesday, December 08, 2004

WSJ.com - IBM Strikes Deal With Rival Lenovo

WSJ.com - IBM Strikes Deal With Rival Lenovo: "In a message to employees, IBM Chairman Samuel Palmisano, who once headed the PC business, said the decision to sell was part of IBM's continuing effort to focus on making products for large government and industry customers. He wrote: 'The PC business is rapidly taking on characteristics of the home and consumer electronics industry, which favors economies of scale, pricing power and a focus on individual users and buyers.'"

With the implication being that these are attributes of markets in which IBM elects to not compete?
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