How the IBM PC Won, Then Lost, the Personal Computer Market
Cars That Think
JULY 21, 2021
And in 2005, the Chinese computer maker Lenovo Group purchased IBM's PC business. On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. With that, the preeminent U.S. Press coverage of the announcement was lukewarm. and Poughkeepsie, N.Y.,
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