Compaq spoils the party.

States that Compaq, the personal computer (PC) maker, announced that earnings for the 1999 first quarter would be less than half what analysts had expected. How the company's chief executive, Eckhard Pfeiffer, blames the falling prices in the PC industry and weak demand for the low earnings; The di...

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Bibliographic Details
Published in:Economist Vol. 351; no. 8115; p. 69
Format: Article
Published: Economist Newspaper Limited 4/17/1999
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Online Access:View this record in EBSCOhost
Description
Summary:States that Compaq, the personal computer (PC) maker, announced that earnings for the 1999 first quarter would be less than half what analysts had expected. How the company's chief executive, Eckhard Pfeiffer, blames the falling prices in the PC industry and weak demand for the low earnings; The difficulty that Compaq is having in integrating DEC company into its other operations.