IBM Cuts Its PC Prices: International Business...
From Times Staff and Wire Reports
IBM Cuts Its PC Prices: International Business Machines Corp. has cut the prices of 15 models of its Personal System-2 PC line by 5% to 20%. Among the reductions are a cut to $2,995 from $3,495 in the list price of its Model 55 SX 031; to $4,995 from $5,995 for its Model 65 SX 121; to $5,495 from $6,845 for its Model 80 386 081, and to $8,695 from $10,195 for its Model 80 386 A16. IBM, the largest maker of personal computers, called the price cuts routine. A spokesman said it decided to take the action after conducting a market survey that compared its prices with those of other manufacturers.
