http://zdnet.com.com/2100-11-822554.html
PC maker Gateway on Thursday confirmed a steep drop in fourth-quarter sales, announced more job cuts and store closures, and said it would reduce PC prices.
Toward the end of 2000, Dell Computer began to aggressively cut prices in an effort to gain market share. The company's actions largely decimated desktop profits at companies such as Compaq Computer and helped accelerate consolidation in the industry. Micron Electronics changed hands in March 2001. And on Labor Day, Hewlett-Packard announced plans to acquire Compaq. Gateway, meanwhile, has been losing market share since late 2000.
Man, Dell is really tearing it up. Hopefully I'll keep my job. :Q
PC maker Gateway on Thursday confirmed a steep drop in fourth-quarter sales, announced more job cuts and store closures, and said it would reduce PC prices.
Toward the end of 2000, Dell Computer began to aggressively cut prices in an effort to gain market share. The company's actions largely decimated desktop profits at companies such as Compaq Computer and helped accelerate consolidation in the industry. Micron Electronics changed hands in March 2001. And on Labor Day, Hewlett-Packard announced plans to acquire Compaq. Gateway, meanwhile, has been losing market share since late 2000.
Man, Dell is really tearing it up. Hopefully I'll keep my job. :Q