Gateway Computer posted slightly improved financial results after closing all 188 of its retail stores and laying off the staff. The company’s loss for the first fiscal quarter narrowed to $59.3 million, about half the loss it reported for the same quarter of 2003. The company took a $63 million restructuring charge during the quarter, otherwise it would have posted a $4 million profit. The company reported total revenues of $915 million–Apple’s retail operation reported sales of $1.185 billion for the entire fiscal year, and also reported a $39 million profit.

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