Word: compaq
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Before joining Apple, Cook was VP of Corporate Materials at Compaq, responsible for procuring and managing product inventory. He also was the COO of the Reseller Division at Intelligent Electronics. In addition, he spent more than a decade at IBM in leadership in manufacturing and distribution...
...recent Sunday at Lakewood gives some idea of the emphasis on worldly gain that disturbs Warren. Several hundred stage lights flash on, and Osteen, his gigawatt smile matching them, strides onto the stage of what used to be the Compaq Center sports arena but is now his church. "Let's just celebrate the goodness of the Lord!" Osteen yells. His wife Victoria says, "Our Daddy God is the strongest! He's the mightiest...
...Officers took note of the theft of a wallet and Compaq laptop computer at Canaday Hall last Sunday, March 12. The stolen items were valued...
...business to Lenovo, a Chinese company. IBM had concluded that a PC was a commodity, little more than a toaster that also does long division, and its decision to get out of the business spotlighted Fiorina's opposite bet. Under her command, HP in 2002 spent $19 billion buying Compaq, largely to expand its position in PCs and fight off Dell, the market's low-cost leader. Though the merger had produced cost savings--and wrenching layoffs--profits remained hard to come by. In 2003, despite Fiorina's promises that operating margins would reach 3%, the company's PC division...
Those odds got a lot sharper during her burnt-earth campaign to acquire Compaq in 2002. To Fiorina, combining the two plodding PC businesses was the only way to improve profitability and take on the low-cost, direct-sales monster called Dell. To critics, merging two lousy operations had limited appeal. Director Walter Hewlett, a Stanford music professor and son of the co-founder, led a public proxy fight against the deal. Although Fiorina prevailed, the cost was high. Within months, Compaq CEO Michael Capellas, who was supposed to run the computer division, was out the door. Others followed...