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Word: thinkpads (lookup in dictionary) (lookup stats)
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...strategy is both to outpace the competition with unique products such as the ThinkPad notebook PC, and to beat them at their game of discounting. The company has filled practically every market channel with a new line of PCs, including models aimed at homes and small businesses. Next month Big Blue will introduce a bargain-basement line called Ambra that will not carry the IBM logo. The overall strategy has apparently worked. After losing $2 billion in the past two years, IBM's PC business is expected to report a small profit this week. "We're here to stay," says...

Author: /time Magazine | Title: Crashing Prices | 8/2/1993 | See Source »

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