IBM is planning to sell off its entire PC division in a deal "likely to be in the $1 billion to $2 billion range," reports the New York Times. Frustrated by thinning profit margins and the commoditization of the PC market, IBM "long ago ceded the lead in the personal computer market to Dell and Hewlett-Packard so it could focus instead on the more lucrative corporate server and computer services business." While the move makes business sense, "a sale would nonetheless bring the end of an era in an industry that [IBM] helped invent."