Feeds

Mighty Acer still weaving after 2011's knockdown punch

Bells still ringing for PC titan

  • alert
  • submit to reddit

Website security in corporate America

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. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.