IBM Corp’s personal computer business was around the break-even level or may have been profitable in the first three months of this year, the president of IBM Personal Computer Co Robert Corrigan told the New York Times: he says he thinks people will be surprised at how quickly we’re bringing this business back, and that it should be solidly profitable before year-end; problem is that its closest rivals, Compaq Computer Corp and Dell Computer Corp, which both faced the same problems as IBM, adjusted to the change in the market much more quickly, and rushed appropriate machines out while IBM procrastinated, so that they are already strongly profitable while IBM is still having to build up momentum.
