Choose from options: Determine if the sentence is true based on the text below:
The company's earnings forecast lowered due to greater pricing competition in the industry.

Personal computer maker, Gateway Inc., on Monday, lowered its 2005 revenue and earnings forecast, sending its shares plunging 11 percent, as pricing in the industry became increasingly cut-throat.
Pick your answer from:
i. Yes
ii. It's impossible to say
iii. No
i.