Word: maker
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DELL GOES HOME The top computer maker wants to sell you flat-screen TVs and MP3 players. Should Sony be quaking...
...take them long to realize that Dell could build some of those products better and sell them more cheaply. So last week founder Michael Dell, 38, put the consumer-electronics industry on notice--including some of the company's own suppliers--that the world's No. 1 computer maker is attacking their territory...
...dramatic change for Dell, long a computer-hardware maker, which earns 80% of its revenue from sales to businesses. At its headquarters in Round Rock, Texas, Dell's generals are getting used to their new role, touting themselves as the guys who will offer the lowest prices for a whole new line of products. "The battle is not joined yet," says Tim Mattox, one of those generals (otherwise known as marketing V.P.s), "but you could say we're laying the foundation for trench warfare." Consumers are going to be the winners. Although Dell hasn't revealed pricing...
Dell's invasion of your living room is part of what promises to be a free-for-all in the $100 billion U.S. consumer-electronics market. Computer makers like Dell are responding to slowing sales by leaping into new arenas, going head to head against consumer giants like Sony. In August, No. 2 computer maker HP launched 158 consumer products, most notably digital cameras to work with its market-leading printers. Gateway, which hit the jackpot last year with a $2,999 plasma TV, plans to introduce 50 more consumer products for the holiday season...
...last Thursday Lorell, who currently directs the heart failure program at Beth Israel Deaconess Medical Center, was appointed vice-president and chief medical and technology officer of Guidant Corporation, a maker of defibrillators and pacemakers. The appointment is effective...