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EMachines
eMachines was a brand of economical personal computers. In 2004, it was acquired by Gateway, Inc., which was in turn acquired by Acer Inc. in 2007. The eMachines brand was discontinued in 2013. History eMachines was founded in September 1998 by Lap Shun Hui as a joint venture of South Korean companies Korea Data Systems and TriGem. The company sold PCs at prices of $399 or $499, all without a monitor. By March 1999, the company was ranked fourth in U.S. computer sales, with a 9.9% market share. In August 1999, the company released the eOne, a computer that resembled the iMac, priced at $799, with a $400 rebate for customers who signed a 3-year agreement with CompuServe. In September 1999, the company announced plans to launch an internet service provider. In November 1999, the company acquired Free-PC, which had previously given away free computers in exchange for advertising. In March 2000, at the peak of the dot-com bubble, the company became a public company via ...
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EMachines
eMachines was a brand of economical personal computers. In 2004, it was acquired by Gateway, Inc., which was in turn acquired by Acer Inc. in 2007. The eMachines brand was discontinued in 2013. History eMachines was founded in September 1998 by Lap Shun Hui as a joint venture of South Korean companies Korea Data Systems and TriGem. The company sold PCs at prices of $399 or $499, all without a monitor. By March 1999, the company was ranked fourth in U.S. computer sales, with a 9.9% market share. In August 1999, the company released the eOne, a computer that resembled the iMac, priced at $799, with a $400 rebate for customers who signed a 3-year agreement with CompuServe. In September 1999, the company announced plans to launch an internet service provider. In November 1999, the company acquired Free-PC, which had previously given away free computers in exchange for advertising. In March 2000, at the peak of the dot-com bubble, the company became a public company via ...
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Gateway, Inc
Gateway, Inc., previously Gateway 2000, is an American computer hardware company. The company developed, manufactured, supported, and marketed a wide range of personal computers, computer monitors, servers, and computer accessories. It was acquired by hardware and electronics corporation Acer, in October 2007. In 2020, Walmart had announced a deal with Gateway in partnership with THX to revive the Gateway brand launching various devices from tablets, convertibles, and budget laptops. History Gateway was founded on September 5, 1985, on a farm outside Sioux City, Iowa, by Ted Waitt, Norm Waitt (Ted's brother), and Mike Hammond. The origins of the company's name and cow motif can be traced to the meatpacking industry in the Sioux City area in the late 19th century. Before the Big Sioux and Missouri rivers were spanned by bridges, it was common to transport cattle into Sioux City by ferry, and every so often, a cow would slip off the ferry deck. The farmers were often lef ...
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EMachines EOne
The eOne is an all-in-one desktop computer that was produced by eMachines in 1999. It resembles Apple's "Bondi Blue" iMac. Apple sued eMachines for allegedly infringing upon the distinctive trade dress of the iMac with the eOne. Apple and eMachines settled the case in 2000, which required the model to be discontinued. History and legal issues Upon its release in 1999, the eOne came with a translucent "cool blue" case, while the original iMac had a two-toned case with "Bondi Blue" accents. At US$799, the eOne was also cheaper than the US$1,199 iMac. eMachines hoped to avoid legal trouble because the shape of the computer was different from the iMac. However, Apple sued eMachines, alleging that the computer's design infringed upon the protected trade dress of the iMac. In March 2000, eMachines reached a settlement with Apple, under which it agreed to discontinue the infringing model. The eOne was available at Circuit City and Micro Center, but it did not sell well in the few m ...
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Personal Computer
A personal computer (PC) is a multi-purpose microcomputer whose size, capabilities, and price make it feasible for individual use. Personal computers are intended to be operated directly by an end user, rather than by a computer expert or technician. Unlike large, costly minicomputers and mainframes, time-sharing by many people at the same time is not used with personal computers. Primarily in the late 1970s and 1980s, the term home computer was also used. Institutional or corporate computer owners in the 1960s had to write their own programs to do any useful work with the machines. While personal computer users may develop their own applications, usually these systems run commercial software, free-of-charge software (" freeware"), which is most often proprietary, or free and open-source software, which is provided in "ready-to-run", or binary, form. Software for personal computers is typically developed and distributed independently from the hardware or operating system ...
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Profit Margin
Profit margin is a measure of profitability. It is calculated by finding the profit as a percentage of the revenue. \text = = There are 3 types of profit margins: gross profit margin, operating profit margin and net profit margin. * Gross Profit Margin is calculated as gross profit divided by net sales (percentage). Gross Profit is calculated by deducting the cost of goods sold (COGS) from the revenue, that is all the direct costs. This margin compares revenue to variable cost. It is calculated as: \text = \text - (\text + \text + \text) \text = \text - \text - \text \text = * Operating Profit Margin includes the cost of goods sold and is the earning before interest and taxes (EBIT) known as operating income divided by revenue. It is calculated as: \text = * Net profit margin is net profit divided by revenue. Net profit is calculated as revenue minus all expenses from total sales. \text = Overview Profit margin is calculated with selling price (or revenue) taken as base ...
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Defunct Computer Companies Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Computer Companies Established In 1998
A computer is a machine that can be programmed to carry out sequences of arithmetic or logical operations (computation) automatically. Modern digital electronic computers can perform generic sets of operations known as programs. These programs enable computers to perform a wide range of tasks. A computer system is a nominally complete computer that includes the hardware, operating system (main software), and peripheral equipment needed and used for full operation. This term may also refer to a group of computers that are linked and function together, such as a computer network or computer cluster. A broad range of industrial and consumer products use computers as control systems. Simple special-purpose devices like microwave ovens and remote controls are included, as are factory devices like industrial robots and computer-aided design, as well as general-purpose devices like personal computers and mobile devices like smartphones. Computers power the Internet, which links bi ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine Graham, Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into ...
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Ted Waitt
Theodore William "Ted" Waitt (born January 18, 1963) is an American billionaire businessman and philanthropist. Waitt is a co-founder of Gateway, Inc.Executive Profile: Theodore W. Waitt Ph.D.
Bloomberg Business (accessed December 28, 2015).


Career

On September 5, 1985, Waitt, his brother Norm Jr., and Mike Hammond started ''Gateway 2000'' with a $10,000 loan secured by Waitt's grandmother. The company began on Waitt's father's cattle ranch in , moved to
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Wayne Inouye
Wayne Inouye (born 1953) formerly served as Gateway's president and CEO. Inouye announced his departure from Gateway on February 9, 2006. Biography Inouye became president and CEO of privately held eMachines in 2001, where he quickly turned the company into one of the fastest-growing, most efficient PC companies in the United States. eMachines was acquired by Gateway in March 2004. Inouye had several decades of senior executive experience, first at The Good Guys!, where he worked for 9 years, and then as senior VP of computer merchandising at Best Buy Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ..., where he worked from 1995 to 2001. He serves as the consumer merchandising & channel advisor of Fuhu, Inc. and executive officer of Fugoo, LLC. References Living people ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies ...
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Geek
The word ''geek'' is a slang term originally used to describe eccentric or non-mainstream people; in current use, the word typically connotes an expert or enthusiast obsessed with a hobby or intellectual pursuit. In the past, it had a generally pejorative meaning of a "peculiar person, especially one who is perceived to be overly intellectual, unfashionable, boring, or socially awkward". In the 21st century, it was reclaimed and used by many people, especially members of some fandoms, as a positive term. Some use the term self-referentially without malice or as a source of pride, often referring simply to "someone who is interested in a subject (usually intellectual or complex) for its own sake". The term ''geek'' is often used in association with the terms '' nerd and dweeb.'' Etymology The word comes from English dialect ''geek'' or ''geck'' (meaning a "fool" or "freak"; from Middle Low German ''Geck''). ''Geck'' is a standard term in modern German and means "fool" or " ...
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