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Acer (ASIYF.PK) fell 2.6% in Taipei after reporting Q2 revenue of NT$111B ($3.7B) and net income...

Acer (ASIYF.PK) fell 2.6% in Taipei after reporting Q2 revenue of NT$111B ($3.7B) and net income of NT$56M ($1.9M), below consensus forecasts. The world's #4 PC maker said demand from China, thus far a bastion of strength, is now softening, and that it now expects global 2012 shipment growth of just 0-5%. Nonetheless, beaten-down rivals Dell (DELL +2.8%) and  H-P (HPQ +2.9%) rallied ahead of their earnings reports, respectively due tomorrow and Wednesday.
Comments (2)
  • Gary Bushwacher
    , contributor
    Comments (508) | Send Message
     
    It is possible the reduced take on PC's is attributable to increased iPad usage ?
    20 Aug 2012, 05:08 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (753) | Send Message
     
    There's definitely a link (especially for low-end notebooks). Though Europe's economy and China's slowing growth aren't helping either.
    20 Aug 2012, 05:24 PM Reply Like
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