Acer's revenues up 41.4%

By Derek Sooman on March 30, 2006, 5:38 PM
The world's third-largest notebook-computer supplier Acer yesterday announced consolidated revenues at NT$318.09 billion (US$9.69 billion) for 2005. This is a growth of 41.4 percent from a year earlier. Analysts were disappointed, though.

"Acer's results are disappointing both in the operating and bottom-line levels," said Robert Cheng, a Taipei-based analyst with CLSA Asia Pacific Markets. "Slowing demand in Europe and head-to-head competition limited the improvement in the margin."




Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.