To be exact, IBM was bleeding badly in PC. They sold the PC division for nominal value of $1 to Lenovo IIRC.
Companies like IBM cannot compete on low price products. They thrive on higher value level of the foodchain to feed their relatively more expensive workforce.
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thanks for the correction should be in $1.x B ..
Companies like IBM cannot compete on low price products. They thrive on higher value level of the foodchain to feed their relatively more expensive workforce.
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thanks for the correction should be in $1.x B ..
