Gateway, Inc
Industry: Computer Hardware
Gateway, Inc. develops, markets, manufactures and supports a broad line of desktop and portable PCs and PC- related products used by individuals, businesses, government agencies & educational institutions. For the 6 months ended 6/30/05, net sales rose less than 1% to $1.71B. Net income applicable to Com. totaled $12M vs.a loss of $510.1M. Revenues reflect increased PC unit sales. Earnings also reflect a $15.1M Microsoft Benefit.
Gateway, Inc. (Gateway) directly and indirectly sells personal computers (PCs) and notebook computers and servers, PC-related products and services that are enabled by or connect with PCs (convergence/non-PC) to third-party retailers, consumers, businesses, government agencies and educational institutions. Convergence/non-PC products and services consist of all products and services other than the PC, such as plasma and liquid crystal display (LCD) televisions, digital music players, peripherals, software, accessories, extended warranty services, training, Internet access and enterprise system and networking products and services. The Company has four operating segments: Direct, Professional, Retail and International. On March 11, 2004, the Company acquired eMachines, Inc. (eMachines), a PC company in the United States.
Gateway, Inc's rank changes
The company's ranking in 2007 was a decline from 2006 when it was ranked 508th on the Fortune 500. The Previous ranking was based on its 2006 revenue of $3,854 million (a change of 0 million compared to 2007) and profits of $6 million (a change of 4 million compared to 2007).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Gateway, Inc would be ranked 548th rather than 529th due to its profits of $10 in 2007.
| Gateway, Inc | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2007 | 3,981 | 10 | 529 |
| 2006 | 3,854 | 6 | 508 |
* US$ Million
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Address
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Gateway, Inc
7565 Irvine Center Drive
Irvine
CA
92618
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Gateway, Inc
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Contact Details
- Phone: 949-471-7001
- Fax: N/A
- Website: www.gateway.com
- Stock Symbol: GTW
Gateway, Inc is not ranked in this year's Fortune 500