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Acer reports 3Q12 surge in profit


Tuesday, October 23, 2012

Acer has announced consolidated revenues of NT$328 billion (US$11.20 billion) for the first three quarters of 2012, down 5.7% on year, with net profit of NT$455 million and earning per share (EPS) of NT$0.17.

For the third quarter, Acer had consolidated revenues of NT$104.4 billion, down 5.6% sequentially and 11.4% on year, with net profit of NT$68 million and EPS of NT$0.03.

Acer's peformance has been affected by the weak PC market. Digitimes Research predicts that worldwide notebook shipments will reach 48.337 million units in the fourth quarter of 2012, increasing 0.7% sequentially but decreasing 4.1% on year. Notebook shipments for the entire 2012 will decline 4.3% compared to 2011, reaching 194 million units.

By: DocMemory
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