Ted Waitt
Ted Waitt
Theodore W. "Ted" Waittis an American billionaire businessman and philanthropist. Waitt is a co-founder of Gateway, Inc....
across consistent continuing demand segments
We're continuing to see consistent demand across all segments now,
aggressive clear demand driven fourth largely low market pc portion pricing
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.
business direct expansion natural step
It's a natural step in the expansion of our direct business model.
branded experience
At that point, it's a branded experience that's customized for the customer,
continue definitely information insure invest left legs million pc power shares
Is the PC dead? I definitely don't think so. I think there's a lot of legs left in the PC. We're going to look at and continue to invest in information devices. I still own 100 million shares in this company, and I'm going to do everything in my power to insure this company's success.
ahead challenges clearly decided jeff love opportunity
Things are what they are. Jeff decided to retire, and I love Gateway. The opportunity for us is good. Clearly we have some challenges ahead of us.
business consumer expand small success
Our consumer business has never been stronger, and now we're positioned to expand that success into the small and mid-sized business arena,
costs fall forecasts internal margins overly percentage sales short
Basically, our internal forecasts were overly aggressive, ... When you fall short of your internal forecast, two things happen: costs go up as a percentage of sales and margins go down.
business gateway
Right now, Gateway 2000 is not for sale. We're not in any discussions with any other partners, ... Business Day .
both choice combined ethics experience gateway inside intelligence-and-intellectuals leadership logical outside
Rick's intelligence, ethics and leadership capabilities combined with his experience both inside Gateway and outside of Gateway make him the only logical choice as my successor,
best brands built challenges great instantly interests next twenty varied vast
It's been a great ride. We've built one of the best brands instantly recognizable around the world. But now my interests are vast and varied and I'd like to be able to take on some new challenges in the next twenty years.
business difficult indirect model move
For any business that has an indirect model to move into the direct business is very difficult and very challenging.
business delivering greatest industry moving purchase segments surround thereby value
We are aggressively moving into other business segments that surround the purchase of a PC, thereby delivering the greatest value to customers, shareholders and industry partners,
looking
clearly, we were looking to do better than that.