IBM's PC unit piled up nearly $1 billion in cumulative losses in recent years, the company said in a filing detailing the planned sale of the business to China's Lenovo Group. The merger of IBM's PC ...

IBM has reached a definitive agreement to sell its PC division to China-based computer vendor Lenovo Group in a deal that will effectively create a $12 billion PC company that will compete against ...

If you've ever looked over at one of the terminals a Costco employee is using, you may be wondering why it looks like ...

IBM's decision to sell its PC business to Lenovo underscores the fact that most companies cannot generate steady profits selling PCs Perhaps it isn’t quite as surprising as if Ford Motor Co. suddenly ...

Bob Moffat, IBM's general manager, Personal and Printing Systems Group, said IBM will "stay focused on its strategy" in the face of a brutal market for PCs. IBM's Personal and Printing Systems Group ...

Chinese computer maker Lenovo has closed a $1.25 billion deal to buy IBM's personal-computer division. The sale, one of the biggest acquisitions ever by a Chinese company, will create the world's ...

It wasn’t long ago I was nostalgic about an old computer I saw back in the 1980s from HP. It was sort of an early attempt at a PC, although price-wise it was only in reach for professionals. HP wasn’t ...

You’ve gotta love it when your birthday falls on the weekend – well, it did last Saturday for one of the most august of our members – the IBM Personal Computer. The IBM PC, born 25 years ago, used a 4 ...

IBM’s personal computer division racked up $965 million in losses between Jan. 1, 2001, and June 30, 2004, the company said last week in a filing to the U.S. Securities and Exchange Commission in ...

Big Blue's CIO has directed the company to begin an internal initiative to evaluate Linux for use on desktop computers, a further endorsement of the open-source operating system. Stephen Shankland ...