Monday, September 13, 2004

WSJ.com - Gateway CEO Presses Restart: Back to PCs

WSJ.com - Gateway CEO Presses Restart: Back to PCs "After four years of selling big-screen TVs, DVD recorders and digital cameras, Gateway Inc. plans to announce today that it is retreating from the consumer-electronics world and returning to its original mission of marketing personal computers.
"Our first objective is to fix our core business," says Wayne R. Inouye, who assumed the role of chief executive earlier this year. "People talk about multitasking, but in real life you have to focus on one thing at a time." Mr. Inouye says new deals with key PC retailers Best Buy Co. and CompUSA Inc. -- as well as a greater focus on fast-growing notebook PCs -- should allow the money-losing company to earn consistent profits beginning next year."
Post a Comment