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IBM Cuts Prices on Many Personal Computers
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NEW YORK (AP) _ IBM on Tuesday cut prices on many of its
personal computers by up to 30 percent, the first phase in the
computer giant's strategy to contend with an industry price war.
Meanwhile, a top IBM executive said the company had decided
not to sell clones of its PCs in the United States, although it
has taken such a step abroad.
IBM called the price cuts among its steepest ever. But some
analysts said the markdowns are late, not deep enough and may do
little to boos...
Related newspaper, magazine, and journal articles from HighBeam Research
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IBM UNVEILS NEW PERSONAL COMPUTERS UNITS DESIGNED TO THWART ITS LOW-COST IMMITATORS
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; NEW YORK - International Business Machines Corp. ended months of speculation yesterday with the introduction of a new generation of personal computers designed to thwart low-cost imitators. But some clone makers are breathing a sigh of relief as IBM did not aggressively price its new machines as
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