Jeff's appointment to CEO is both a formalization of the roles we've essentially been playing for the last year and a recognition of the outstanding job he's done preparing Gateway for the next century.
More Quotes from Ted Waitt:
It's clear that a significant portion of market demand was at the very low end of the PC market in the fourth quarter, driven largely by aggressive pricing and promotions.Ted Waitt
By the time we get to the strategy area, (the board members) are exhausted. And we need serious strategic decisions right now.
Ted Waitt
We closely considered MOO, ... We felt that a symbol (like GTW) that reflected Gateway was more appropriate for the long-term strategy of our business. If we wanted to implement a multi-branded approach down the line, it gives us more flexibility.
Ted Waitt
It's a natural step in the expansion of our direct business model.
Ted Waitt
Gateway has earned the number-one position in the consumer desktop market through innovative service offerings, and through affordable, personalized technology that grows with the user,
Ted Waitt
We continue to focus like a laser on executing our strategy of moving beyond the box, and it paid off with a record quarter in what's typically the industry's slowest period. Non-PC income is now well over 10 percent, which is where we said we'd be by year-end.
Ted Waitt
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