Gateway follows job cuts with price cuts

Less than a week after announcing plans to slash 2,250 jobs, Gateway has announced a series of price cuts.

Less than a week after announcing plans to slash 2,250 jobs, Gateway has announced a series of price cuts.

The PC maker has dropped prices by $100 (£70) on certain models in three of its notebook families, the entry-level Solo 1400s, the thin-and-light Solo 5350s, and the full-featured Solo 9550s. Prices were cut on a fourth family of notebooks, the Solo 3450 series, a few weeks ago, the company said.

Gateway has also upgraded some features on a few of its desktop models. It has replaced the CD-ROM drive with a DVD drive and doubled the RAM to 256Mbytes on its Solo 1400SE desktop and reduce the price by $100 to $999 (£708).

On the Gateway 700SE, priced at $1,299 (£921), the PC maker has replaced the CRT (cathode-ray tube) monitor with a flat-panel display and added a combination DVD and CD-RW drive, instead of the CD-RW drive that shipped with previous versions.

Gateway also dropped the price of its Gateway 910C small business server by $200, to $499. The 910C uses Intel's 1.2GHz Celeron processor with 256Kbytes of memory cache, and includes a 20Gbyte hard drive and 128Mbytes of RAM.

The price cuts follow Gateway's fourth quarter earnings announcement last week, when it reported that net income had increased from the year earlier but that revenue had plummeted more than 50%, to $1.1bn (£0.78bn). It said it planned to lay off 2,250 employees and close 19 of its retail showrooms.

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