So it goes – earlier this year Computergram, in common with a host of other observers and publications, came to the conclusion from IBM Corp and IBM Credit Corp figures that the company must have been stuffing the channel with all the personal computers it could make for the company’s own personal computer sales to have come out so high when end-users didn’t seem to be buying them in such numbers; when the allegation appeared in Technology News of America Inc’s Computer & Communications Buyer in May (the piece was reprinted in Computergram), IBM Credit wrote to the newsletter describing the allegation as egregiously improper and the piece as a maleficence; now it’s June, Computer Reseller News reports that IBM master resellers are burdened with as much as $100m of outdated IBM inventory, the IBM Personal Computer Co is having to revise and improve its buyback terms to fix the problem – and we hear IBM has been telling analysts that it must take a $20m hit against its figures to cover the cost…
