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IBM looks to manufacturing, not PCs

The relentless PC price war is hitting Big Blue where it counts, and company executives say they get the point and will pursue other ways to keep the revenue flowing.

CNET News staff
The relentless PC price war is hitting Big Blue where it counts. Company executives say they get the point and will pursue other ways to keep the revenue flowing.

IBM cutting new component deals
news analysis Big Blue is once again focusing on its core competencies--hardware technology and manufacturing--and it seems to be paying off.

IBM to deemphasize PCs
In 1998's annual report, chief executive Lou Gerstner cites e-business as the firm's future and repeats a mantra often heard among CEOs: "The PC is dead."

IBM, EMC form $3 billion technology pact
Big Blue and EMC, which supplies corporate data storage equipment, say they have formed a five-year strategic technology and business alliance valued at $3 billion.

Big Blue's PC business lost $992 million in '98
IBM cut prices to keep up with aggressive rivals, resulting in a huge loss for its personal computer business.

IBM's $859 PCs come amid analyst caution
Big Blue releases inexpensive business PCs as analysts call for caution on profits due to the trend toward ever cheaper computers.

IBM surpasses Oracle in license revenues
IBM overthrows rival Oracle to regain the No. 1 slot in the database market for 1998 license revenue, according to one market research firm report.