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Acer reports decling November revenues


Tuesday, December 11, 2012

Acer has announced non-consolidated revenues of NT$24.36 billion (US$837.43 million) for November, down 4.58% on month and 31.88% on year.

The company's combined non-consolidated revenues for the first 11 months of 2012 reached NT$330.47 billion, down 11.33% on year.

As for the fourth quarter, Acer expects its revenues to see a growth between positive and negative 5% sequentially.

Some market watchers pointed out that Acer's strategy adjustment on strengthening its product marketing and R&D may take a while before becoming effective.

By: DocMemory
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