Feeds

Mighty Acer still weaving after 2011's knockdown punch

Bells still ringing for PC titan

  • alert
  • submit to reddit

Intelligent flash storage arrays

The once unstoppable sales juggernaut Acer still hasn't regained the momentum that carried it close to the top of the PC market, certainly if its Q3 prelims are anything to go by.

Revenues for the calendar third quarter slid 5.6 per cent to NT$104.4bn (£2.22bn), down 11.4 per cent on the same period a year ago.

The problem is that 12 months ago Acer was coming out of one of the darkest periods in its history, crippled by an ocean of ageing inventory and a widespread internal restructuring that began at the top of the business.

This is clearly not the rebound in turnover that the company had expected in the aftermath of a disastrous 2011.

The tablet iPad phenomenon that's grabbed consumer attention shows no sign of abating and no PC firm, except for maybe Samsung, has yet been able to effectively respond.

Punters holding out for Windows 8 machines seems to have been the reason blamed for shortfalls at Microsoft and in general PC market sales, so it is conceivable, even likely, that Acer was hit by this too.

For Q3 Acer turned a profit after tax of NT$68m (£1.45m) - talk about wafer thin margins - compared to a loss of NT$1.1bn (£22.9m) a year earlier.

According to a financial analyst speaking to Reuters, the lower-than-forecast profits (NT$756m was predicted) was due to a for-ex loss of NT$100m and a higher 34 per cent tax rate, up from around 20 per cent previously.

Acer will announce the full Q3 numbers later this week. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.