Word: pc
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Dates: during 2000-2009
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...deeper issue is that shifts in play patterns are forcing toymakers to fight for shelf space in a tightening market. Boys in particular seem to be abandoning traditional toys at earlier ages in favor of consumer electronics, trendy video games, PC software and the Internet. The notion that kids are growing more sophisticated and tech savvy, a trend called age compression, has bedeviled toy companies for at least a decade. While young children still role-play with dollhouses and Tonka trucks (and cheap plastic toys will always play their pacifying role on shopping trips), the market for action figures...
...department. Through September, toy sales were down 5% compared with the first nine months of 2003, according to the NDP Group. Meanwhile, the video-game industry is heading for another record year, with sales of $12 billion in the U.S., up 7% over 2003, including consoles and PC titles. And thanks to hot new games like Halo 2 for the Xbox, the industry is light-years ahead of the toy business when it comes to buzz. With distractions such as instant messaging, cell-phone games and iPods angling for kids' minds and allowances, the digital revolution is making life miserable...
...seems like an astonishing triumph for a Chinese company: Lenovo, China's biggest computer maker, is buying the PC division of American icon IBM. Yet Lenovo's $1.75 billion purchase of the IBM division that makes the popular laptop and desktop machines is less an invasion of the West than an escape from the East. China's domestic market, although still booming, has become a competitive cauldron as foreign companies pour...
Behind Kerik's Fall Plus: Ukraine's toxic politics; Snow's survival; IBM fires the PC; the great whiskey...
...task made easier by its sponsorship of the 2008 Beijing Olympics. As for IBM, the deal with Lenovo looks like a boon. The company, which retains a 19% stake in Lenovo, has long migrated toward consulting services and software, so it's happy to jettison its hardware shop. The PC unit experienced a loss of $258 million last year and has debts of $500 million?problems that now fall to Lenovo...