Word: pcs
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Dates: during 2000-2009
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...unique and drew people to the area in the first place. Other independent stores like Scoops and Beans, an ice cream shop that once competed with Herrell’s, and the Bow and Arrow pub, have shut down in recent years as stores like the Gap and Sprint PCS have prospered...
Even if the feds step in, the only way tower builders are moving into cell-phone-rich, aesthetically guarded communities is through camouflage. Sprint PCS recently agreed to pay an estimated $150,000 to fix up--and wire up--a century-old windmill in a ritzy section of Fairfield, Conn. The mansions there have lousy cellular reception because well-heeled neighbors don't want a tower in their backyard. "We've got millionaires sitting in their driveways just so they can use their cell phones," says an exasperated resident...
Fiorina has quieted some of those she calls her "cynics and doubters," who had whispered that a woman with a marketing background was not fit to run HP. But she still faces formidable challenges, starting with generating profits in PCs and corporate "enterprise systems" at her newly merged company, which posted $35 billion in revenues in its first six months. Can she go from being a Churchillian leader, adept at giving a "We will never surrender" speech, to being more of a Lou Gerstner, IBM's former CEO, who was able not only to slash costs and jettison unpromising lines...
...terms of cost cutting, those points are accumulating. HP has shuttered nine assembly plants, cut 12,500 jobs and "rationalized" its product offerings, reducing them to 65,000 from 85,000. Result: $650 million in savings since the merger, which helped HP offset losses in its divisions that make PCs and enterprise-computing gear. "I'm keeping my shares," says Ben Rosen, Compaq's former chairman and a large shareholder. "HP is going to get so lean that earnings surprises will be on the upside...
Compaq client Charlie Orndorff is a believer. As chief information officer for Crossmark, a sales-and marketing-support firm based in Dallas, Orndorff spends the bulk of his $15 million IT budget on tech support for Compaq handheld devices, PCs, servers and storage networks. "Dell approached me," he says, "but all my engineers are HP certified, and adding brands with other certification requirements for a slightly lower price on the hardware wasn't compelling enough...