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Troubled Times at Gateway

Posted by ryuzaki0 on from the dire-straits dept.

conq writes "BusinessWeek has a piece looking at the future of Gateway in the light of the recent announcement of the departure of their CEO. The article revolves around the question: 'Will the sudden departure of Wayne Inouye and a slumping stock price leave the computer maker open to a buyout or takeover?'"

3 of 152 comments (clear)

  1. I hate to be negative... by Spiffness · · Score: 3, Interesting

    But uh. Gateways have always sucked. So uh... suprise? Gateway has failed to do anything special for years, so simply being around in the 'make a crappy PC, set a low price, sell by the millions' game isnt enough. Remember Packard Bell?

    1. Re:I hate to be negative... by AKAImBatman · · Score: 5, Interesting

      But uh. Gateways have always sucked.

      That's because you don't remember Gateway before they went mega-commerical. Many of us remember Gateway as being the mail-order company that always built PCs to the highest specifications of technology and quality. When everyone else was shipping 2x CDRom drives, Gateway was shipping 4x. When everyone was shipping 4 megs of RAM, Gateway was shipping 16. When everyone else had non-existant technical support, Gateway had excellent service that got your problem taken care of right away.

      THAT is the Gateway I remember. The Gateway of today is nothing more than some other megacorp abusing the namesake of a company who knew how to build computers.

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  2. $9M sales, $19M payoff? by Jerry · · Score: 3, Interesting

    Gateway's profit after deducting Microsoft's payoff was only $9M.

    They paid the CEO $19 and bonuses for one year's work before he bails.

    But, probably the real reason why he couldn't make a go of it at Gateway was inteference from Snyder and the rest of the board.

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