We've made a lot of progress in 2001 and now it's time to grow.
We plan to consistently execute this strategy through 2002 and exit the year as a robust, growing company with more than $1 billion in cash and an intensely satisfied customer base.
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.
We're continuing to see consistent demand across all segments now.
While our revenue performance in the quarter was negatively impacted by our own strategic decision to focus on more profitable revenue streams going forward, this is a strategy that should yield healthier shareholder returns both now and in the future.
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.
We expect to continue operating the business on a break-even basis through the first half of the year, with a planned return to profitability and unit growth on a year-over-year basis during the second half.
We have to have a successful box business if we are going to go beyond the box.
Copyright © 2024 Electric Goat Media. All Rights Reserved.