The Return of the Hardware Era, Or, Learning from Apple
The hardware business has gotten a bad rap.
IBM saw the writing on the wall and sold its PC division to Lenovo in 2004. CNET wrote at the time: The deal will let IBM continue its shift from selling so-called commodity products to selling services, software and high-end computers. Although the company helped make PCs a global phenomenon, IBM makes little profit from PCs and often loses money.
Not long after, Dell followed suit. Peter Pham explains it nicely from a financial point of view: Dell is actively remaking itself into a server