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 and IT services company moving away from … Read more