IBM's PC division floundered for years after the PCjr proved too expensive and its new OS was nothing compared to Windows, allowing Lenovo to buy IBM in 2004.
The PS/2 happened and effectively killed IBM’s role in the PC market. IBM shot themselves in a bad place with that. Like, the PS/2 was basically IBM’s ‘CED’ moment in the PC space, only unlike with the CED, which straight-up killed RCA as a company, the PS/2 didn’t kill IBM as a company, it just killed them in the PC space.
The PS/2 happened and effectively killed IBM’s role in the PC market. IBM shot themselves in a bad place with that. Like, the PS/2 was basically IBM’s ‘CED’ moment in the PC space, only unlike with the CED, which straight-up killed RCA as a company, the PS/2 didn’t kill IBM as a company, it just killed them in the PC space.