It's the cheaper server that is not being received well!
...IBM (NYSE: IBM ) was the only stock in the red as of this writing, down 0.19%. An announcement of the company's new server product line was not as well received as IBM may have hoped. Most manufacturers of high-end servers have been feeling pressure as many customers turn to commodity x86 hardware instead. The servers from IBM, Oracle, and others have been steadily losing market share. With this morning's announcement, IBM introduced eight new servers with its new Power 7+ processor. The low-end products start around $6,000, which matches the x86 price range. And while pricing may prove to be a good move against the competition, announcing that the low-end servers are priced 50% lower than previous generations may cause investors to hesitate.