[GovernmentIsTheProblem]

“If that were the case they’d be getting us some better deals. IBM sold their PC division to the Chinese governement for about $1.5 Billion, even though it was bringing in $10 Billion/year and IBM hasn’t made that money back up yet.”

It was losing money.

$1.5 billion to get rid of something that lost money... not too bad.

[Golden Eagle]

It was losing money.

No it wasn't. From Business Week, prior to the sale:

If sold, IBM's $12 billion PC unit is expected to fetch somewhere between $1 billion to $2 billion. In the first nine months of this year, the PC group reported a $70 million pretax profit on $9.4 billion in sales.