Acer's net profit sank to 2.3 billion New Taiwan dollars (about $69.7 million) in the quarter ending June, from NT$2.9 billion in the year-ago quarter. Analysts expected an average net profit of NT$2.34 billion for the quarter. Revenue slipped 5% to NT$119 billion (some $3.6 billion). Acer moved more units than the world's five top PC makers, though, with shipments up almost 24% from last year.
Things may be looking up for Acer's netbook operation. Research firm IDC foresees netbook shipments to soar by 127% this year, in a steady overall PC market. Additionally, Microsoft is pushing to release Windows 7 on October 22, and that has the potential to boost PC shipments.