My spin: What a sad state for Gateway to be in….
Gateway, still reeling from a 2001 deficit of $1.03 billion and struggling to keep its 2002 loss under $250 million (while at the same time pressured by stiff price competition from Dell and HP), is hoping to reinvent itself outside-the-box: using its retail stores to sell not just computers and printers but also such consumer electronics items as digital cameras, MP3 music players, video cameras, a 42-inch wall-mountable plasma TV display.
Technology consultant Martin Pichinson says “Gateway is probably more valuable dead than alive. We believe there’s just no room for them. Dell is beating the you-know-what out of everybody. There’s just no margins anymore. You’ve got to know when to hold them and when to fold them.” (full story)
Latest posts by Ramon Ray (see all)
- Vistaprint Report Says Many Consumers Will Shop More Small Businesses in 2018 - October 2, 2017
- Kensington Announces Ultimate Presenter with Virtual Pointer - October 2, 2017
- Zoho Enables Real Time Messaging with Cliq - October 1, 2017