What Happened on October 17th

IBM Corp. announced it would be cutting back its line of personal computers from nine models to four. It also notified the public of several new models and said it would bring back the brand name many connected to the company, the IBM PC. The plan for consolidating IBM’s personal computer production was to have four divisions: IBM PC for commercial desktop machines, IBM PC Server for larger computers used on networks, Thinkpad for portables, and Aptiva for the home market.