I’ll refrain from reading too much into this, but the sale of IBM’s PC business to a Chinese company is one of those sign-of-the-times things.
The transaction…points to the rising global aspirations
of corporate China as it strives to become a trusted supplier to
Western companies and consumers. The sale also signals a recognition by
I.B.M., the prototypical American multinational, that its own future
lies even farther up the economic ladder, in technology services and
consulting, in software and in the larger computers that power
corporate networks and the Internet. All are businesses far more
profitable for I.B.M. than its personal computer unit.
I’m going to see if June Chan can get me a Lonovo, cheap.