Going, Going, Gone: IBM Sells PC Group To Lenovo
It was rumored before, but now, as Rick Zeman writes, "It's official: According to news.com, IBM has sold their PC business in a complex arrangement where, 'under the deal, IBM will keep an 18.9 percent stake in Levono. Lenovo will pay $1.25 billion for the IBM PC unit and assume debt, which will bring the total cost to $1.75 billion. Lenovo will pay roughtly $650 million in cash and $600 million in securities.' Plus, Lenovo will be able to use the IBM and Think names for 5 years."
Asians are just about the most racist bunch out there. Take a look at how the Japanese view Koreans if you don't believe me. The Chinese pretty much despise all the other asian races as well.
Yes, yes, I know, the PC groupthink mantra that we should all meekly follow from birth tells us that only nasty, oppressing anglo-saxons can be called racists.
Honestly, the term "racist" has just about become a synonym for "white man" these days.
I don't buy it.
"You can't fight in here, this is the war room!"
So quality is going to go massively up, and the computers will become very trendy and liked instead of mocked by the masses? Sales will increase, and people won't think of their products as boxes anymore.
Repeat after me: Boxy but good. While I was getting my 14 year old Volvo 240 from my local mechanic (got a tune-up), I asked him how some of the newer Volvo's were holding up. Pretty much he told me the S80's were just about the biggest peices of junk money could buy. Time will only tell for the rest of the models...
I love my 240, starts every time, and just keeps going (and I've been hard on the thing). Sure, lots of people made fun of them, but who cares? Most of those people bought Ford's or Chevy's that gave up the ghost a few years later anyway. One of my friends bought a brand new Chevy Cavalier last year. Damn thing stalled out over a pothole (it is an automatic). Later on, it stalled out while going around corners, also losing all breaking (her words, not mine). Honestly, some of the American cars I've seen have been of incredibly low quality. Ever been in a Ford Expedition? The Interior is like something you'd expect from an expensive child's playhouse or something...