Acer Still Confident After Seeing Revenues Drop in October
Acer Still Confident After Seeing Revenues Drop in October
Posted 11/11/2010 at 7:31am
| by Paul Lilly
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Acer, the same outspoken company with aspirations of becoming the number one PC maker by 2012, suffered a setback of sorts in October with non-consolidated revenues of just $1.24 billion, DigiTimes reports. We say "just $1.24 billion" because that's actually down nearly 36 percent from one month prior, and down 26.5 percent on year.
Confident as ever, Acer points out that its non-consolidated monthly numbers don't represent overall performance and the company fully expects its consolidated fourth quarter revenues to show a 5-10 percent sequential growth rate.
So why the hiccup in October's numbers? Acer blamed the slump on component shortages, which caused some shipments to be delayed last month. Even still, Acer managed to ship out about 9.75 million notebooks in the third quarter, jumping ahead of HP.
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