AfterDawn: Tech news

Acer adjusts PC sales forecast due to strong competition from tablets

Written by Andre Yoskowitz (Google+) @ 29 Mar 2011 12:42

Acer adjusts PC sales forecast due to strong competition from tablets Acer, one of the top PC companies in the world, has lowered its forecasted PC sales for the Q1, revising an expected 3 percent year-over-year growth to a 10 percent loss.
Furthermore, Acer's net operating profit margin will fall to 1.95 percent, from just under 3 percent.

Analysts following the company claim the reduced outlook is thanks to strong media tablet sales from Apple, Samsung and Motorola.

Acer continued the bad news for investors by saying it did not think it would see PC sales growth in the Q2 either, despite expectations that notebook sales will increase 10 percent quarter-over-quarter.

Last week, Asustek made a similar announcement, showing off just how powerful tablets are becoming in the industry.

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