acer q3 2011 financial results

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Acer Q3 2011 financial results

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Acer Q3 2011 financial results

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POSTER: computer news || ACER Q3 2011 FINANCIAL RESULTS

DATE:2011-10-22

The preliminary Acer report for the third quarter is also not encouraging. Consolidated revenues decreased by 30% over the same period last year to $ 3.8 billion operating loss amounted to $ 43 million after-tax company got a negative revenue of $ 36 million

During the first three quarters 2011 consolidated revenues decreased by 28% compared to last year, reaching $ 11.4 billion in losses from operations reached $ 220 million due to lower inventories in the third quarter, Acer was able to report an increase in consolidated revenue, compared with second quarter this year. The indicators also improved operating losses in consecutive terms.

According to IDC, shipments of computers Acer fell in the third quarter by 20.6%. Loyalty in relation to the Acer notebooks and netbooks continue to negatively impact on the dynamics of sales. Especially because the company pays not much attention for the corporate sector as strong competitor. Will Acer improve the situation through their Tablet PC - the big question. Competition in the segment is so high, Acer is not taking some active steps in this direction.

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