IBM got out of the business because Dell and HP were killing them. I think this was a sweet move on IBM's part (save for retaining ownership) and a dumb deal for Lenovo. Dell and HP will continue to kill them in the marketplace.
Computers are commodities these days. Name brand counts for little. It's all about the price point.
on price? I can't see how. china has the semiconductor fabs right there, plenty of factories cranking out components, monitors, cheap plastic for the cases - assembling the PC is a perfect low tech macnufacturing job for their slave labor workers.
Not for the Thinkpads. Lenovo could clean up in that market, if they can keep the quality up and get the price down.