Acer's revenues up 41.4%

By Derek Sooman on
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."

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