According to New York Times, IBM is negotiating a sale of its PC business unit to a Chinese company. The sale would include IBM's entire line of laptops. The price being talked about is in the $1-2b range. That's for a unit that generates around $10b annually in revenue. ;P IBM put years into developing a name for its laptops, and it seems to me that it should continue to cash in on that name instead of getting rid of it now. This is bizarre to me.