Holy cow! Gateway laptops return via Walmart exclusive

Gateway, now owned by Acer, has returned exclusively at Walmart in a move that may combine the need for laptops with a bit of nostalgia.

Gateway PCs will be available exclusively at Walmart with a range of laptops that cover multiple price points and use cases.

The Gateway devices at Walmart will include laptops, 2-in-1s, and an Ultra Slim and Creators series with both AMD and Intel processors.

Acer bought Gateway in 2007 for $710 million in a move to acquire market share. The Gateway brand, which used to go toe-to-toe with the likes of HP and Dell, faded away. Acer still owns the Gateway brand and forged the Walmart deal as Jade Zhou, head of global strategic alliances for Acer, noted the brand’s history and how its cow-spotted boxes “have been well-loved in the United States since 1985.”

What remains to be seen is whether the Gateway nostalgia play bolsters Acer’s market share vs. the likes of HP, Lenovo, and Dell.

The lineup includes:

  • 11.6-inch Ultra Slim Laptop (MSRP: $199.99) featuring Windows 10, AMD A4, 4GB/64GB. Available in four colors: Black, purple, blue, and green.
  • 14.1-inch Ultra Slim Laptop (MSRP: $239.99) featuring Windows 10, Intel Celeron, 4GB/64GB. Available in four colors: Black, purple, blue, and green.
  • 14.1-inch Ultra Slim Laptop (MSRP: $429.99) featuring Windows 10, AMD Ryzen 3 3200U – Dual Core 2.6 GHz, 4GB/128GB. Available in 4 colors: Black, purple, blue, and green.
  • 14.1-inch Ultra Slim Laptop (MSRP: $459.99) featuring Windows 10, Intel i3, 4GB/128GB. Available in four colors: Black, purple, blue, and green.
  • 14.1-inch Ultra Slim Laptop (MSRP: $599.99) featuring Windows 10, Intel i5, 16GB/256GB. Available in four colors: Black, rose gold, blue, and green.
  • 15.6″ Ultra Slim Laptop (MSRP: $649.99) featuring Windows 10, Intel i5, 16GB /256GB. Available in four colors: Black, rose gold, blue, and green.
  • 11.6-inch 2-in-1 Laptop (MSRP: $299.99) with a Touchscreen panel, featuring Windows 10, Intel Celeron, 4GB/64GB. Available in 4 colors: Black, purple, blue, and green.
  • 15.6-inch Laptop (MSRP: $899.99) featuring Windows 10, AMD Ryzen 5 4600H Six Core 3.0 GHz, 8GB/256GB, Nvidia 1650 GTX GPU.
  • 15.6-inchCreators Series Laptop (MSRP: $1199.99) featuring Windows 10, Intel i5, 8GB/256GB, Nvidia 2060 RTX GPU.
  • 8-inch Tablet, (MSRP: $69.99) 800X1280 ips, A50, 1GB/32GB, Android 10. Available in black, purple, and blue.
  • 10.1-inch Tablet, (MSRP: $79.99) 800X1280 ips, A50, 1GB/32GB, Android 10. Available in black, purple, and blue.

Apple reaches $2 Trillion dollar valuation

It took Apple 42 years to reach $1 trillion in value. It took it just two more years to get to $2 trillion.

Even more stunning: All of Apple’s second $1 trillion came in the past 21 weeks, while the global economy shrank faster than ever before in the coronavirus pandemic.

On Wednesday, Apple became the first U.S. company to hit a $2 trillion valuation when its shares climbed 1.4 percent to $468.65 in midday trading, though they later declined and ended the day flat. It was another milestone for the maker of iPhones, Mac computers and Apple Watches, cementing its title as the world’s most valuable public company and punctuating how the pandemic has been a bonanza for the tech giants.

As recently as mid-March, Apple’s value was under $1 trillion after the stock market plunged over fears of the coronavirus. On March 23, the stock market’s nadir this year, the Federal Reserve announced aggressive new measures to calm investors. Since then, the stock market — and particularly the stocks of Apple, Microsoft, Amazon, Alphabet and Facebook — has largely soared, with the S&P 500 hitting a new high on Tuesday.

Continue reading “Apple reaches $2 Trillion dollar valuation”