Gateway outsourced a few of its operations, equivalent to buyer help In 2002, Gateway expanded into the patron electronics world with merchandise that included plasma display screen TVs , digital cameras , DLP projectors, wireless Internet routers , and MP3 players While the company loved some success in gaining substantial market share from conventional leaders in the area, notably with plasma TVs and digital cameras, the limited short-time period profit potential of these product lines led then-CEO Wayne Inouye to drag the corporate out of that section throughout 2004. Gateway nonetheless acts as a retailer promoting third-party electronic goods online.
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Thats bullshit. Dell, HP, IBM PC’s and Hardware was all proprietary overvalued shit. Trust me, I used to work for gateway and go into the fortune 500 corporations, faculties and military bases and only a few of them favored their product. Many IT guys were bought off with free shit all the time and is the only cause why these huge computer guys are nonetheless round. Gateway product was the only one out of the four that also allowed someone to upgrade the PC utilizing third party components. Dell was in all probability the worst at that.
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What occurred to Gateway. Hmm… Well the truth is Ted Waite sucked out all the $$ before the big drop and screwed all his employees. His illegal trading should have landed him in jail. As he was giving his employee’s $eighty per share stock options, he(and his administration minions) was promoting his out from beneath them making them nugatory. Complete joke. And when Gateway was making a ton of $$, they spent it like childish fools on BS. Completely foolish administration that did not even see what they’d and now you see corporations like Apple copying that model with their stores and gross sales by way of them. What happened to Gateway?? Greed.