Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 27 January 2011 11:34

Acer does well

Written by Nick Farell
acer

Despite rubbish European sales
Despite getting hammered in the European market, thanks to a financial crisis and snowstorms, Acer has reported high earnings last year. In an e-mailed statement Acer said that net income jumped 32.5 percent year-on-year to $476 million last year which is a record high.

Operating income grew 18.6 percent while consolidated revenue rose 9.7 percent also a historical high, Acer said. Despite the awful weather, Acer has been suffering because of the New Taiwan dollar’s appreciation against the US dollar.

It did not say how this had eroded its bottom line. It only said in the statement that it used an average exchange rate of NT$31.652 last year, compared with NT$32.9494 in 2009 when it calculated things.

Acer is the number three PC maker in the world and is supposed to be suffering from the death of netbooks, thanks to the rise of the iPad.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments