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There are many things that under-pinned this remarkable act of corporate self-demolition, but we should give credit to the guile of the architect of that famous deal. However, the decline in IBM's market dominance was not entirely due to Bill's evil genius. A large part of IBM's undoing was due to their own arrogance. They refused to take the microcomputer seriously. And when firms like Apple began to show that the PC was more than just a toy, IBM was finally forced to respond in some fashion. The response was to quickly throw together an OEM package, using off-the-shelf hardware and third-party software...
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