Channel News and Analysis - Channel Insider
Empowering the next generation Channel
 

Sponsored Links
  • Get up and running in as quickly as 30 days with BI. Learn how today.
  • FREE Securing Smartphones & Tablets for Dummies Book from Sophos
  • 5 New Technologies That Will Change Enterprise ITAdvertisement
  • Build an IT Infrastructure That Delivers the Future

  •  

    Acer Scores Profit Hike with Gateway

    in Channel News and Analysis



    Article Rating:starstarstarstarstar / 0
    Article Views: 1293

    The No. 3 PC vendor has reported operating income up 44 percent for its Q4, as it includes results from its recent acquisition of Gateway.

    Rate This Article:
    Add This Article To:

    TAIPEI, Feb 12 (Reuters) - Taiwan's Acer, the world's No. 3 PC seller, said its operating income rose 44 percent in the fourth quarter, as it included results from its recently acquired U.S.-based Gateway unit.

    Acer said fourth-quarter operating income hit T$3.5 billion ($106.6 million), and that Gateway was profitable for the quarter, according to preliminary results released late on Monday.

    Fourth-quarter consolidated revenue rose 24 percent from a year earlier to T$146.7 billion, the company said.

    "Holding an optimistic outlook for the 2008 PC industry, Acer expects its notebook [business] to grow by 40 percent and total PCs by 30-35 percent on-year, in terms of unit shipments," the company said in the statement.

    Acer, which competes with China's Lenovo, said in December it expected its sales to shoot up 50 percent or more over the next four years as it embarked on a worldwide expansion following the Gateway acquisition.

    (Reporting by Doug Young; Editing by Anne Marie Roantree)

    Copyright Reuters 2008. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks or trademarks of the Reuters group of companies around the world.

     




    comments dic


     
     
    >>> More Channel News and Analysis Articles          >>> More By Reuters
     


     



    channel chatter


    HTML PLAIN TEXT

    Keep on top of news for VARs and Resellers with CI's Weekly Newsletter and Alerts.


    [ci] feeds
    XML
    Add Channel News, Product Reviews, Trends and Analysis to your RSS newsreader or My Yahoo!


     


    CHANNEL SPONSORED RESOURCE CENTER
     
     
     
    Start the New Year with business intelligence—it’s a smart move
    Join us on February 1 for an encore rebroadcast at either 5 am or 12 noon EST and discover how business intelligence (BI) supports companies in uncertain business and economic climates. Get expert advice on how to create a strategy that fits your organization's needs and budget and see how quickly it can pay for itself.
    Click Here
     
    Security and Availability Essentials for Running Your Business in the Cloud
    Are you moving to the cloud? Find out what every IT professional should know about security and availability before moving to the cloud. Hear what a security provider’s own CSO has to say.
    Watch Video
    A new algorithm automatically identifies relationships between variables to help reduce researcher prejudice.
    Click HereAdvertisement