Acer aims to ship 70 million terminal devices in 2011 - ResearchInChina

Date:2010-11-01liaoyan  Text Size:

Acer aims to ship 70 million terminal devices in 2011, increasing by 20-25% from 2010, according company CEO Gianfranco Lanci at an investors conference on October 29.

The target shipments consist of 50-55 million notebooks, netbooks and desktop PCs (including all-in-one models) and 15-20 million handheld devices, mainly smartphones and tablet PCs, Lanci indicated.

Acer released its third-quarter 2010 financial report at the meeting, with Lanci indicating that Acer expects consolidated revenues to rise by 5-10% sequentially in fourth-quarter 2010 and 10-15% in 2011. Of the expected sequential growth the fourth quarter, 3-4 percentage points will be contributed by the Founder brand in China.

Acer: Financial results, 3Q10 (NT$b)

Item

3Q10

Jan-Sep 2010

Consolidated revenues

167.5

479.9

Gross margin

10.0%

9.9%

Net operating margin

3.2%

2.9%

Net profit

4.299

11.219

Net EPS (NT$)

1.62

4.24

Source: Company, compiled by Digitimes, October 2010

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