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Acer Reports Record Revenue

Posted by Susan Hall Oct 30, 2009 3:56:06 PM

Acer reported a rosy quarter, one InfoWorld described as its best revenue quarter ever.

 

In the quarter in which it overtook Dell in shipments to become the world's No. 2 PC vendor, Acer reported net profit increased 14 percent to NT$3.47 billion (US$107.8 million) and revenue hit NT$167.6 billion (US$5.2 billion), a historical high and an 5.3 percent increase from last year.

 

Reuters reports the company did not provide guidance, but said its chairman has predicted that revenue will grow by 70 percent within three years, largely based on sales of low-cost netbooks.

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