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Acer's Q1 2012: World's fourth biggest PC maker made just $11.2 million in profit
Acer's Q1 financial report reveals that the fourth biggest PC maker in the world is feeling weak after posting a very modest profit -- three months after it declared a $212 million loss for 2011. Turnover for the first three months of this year was NT$113 billion ($3.8 billion) and profits after tax were NT$331 million ($11.2 million). To put that in context, it made a $40 million profit in the same quarter last year -- so this is a spectacular collapse of 72 percent year-over-year Reuters is suggesting that the problem is in part due to increased hardware costs caused by the Thailand floods, but the company isn't giving anything away. Instead its terse announcement just advised that the company grew its global PC market share by 0.8 percent to 10.9 percent, while in the EMEA region it grew 2.4 percent to 13.5 percent, adding that it is the only one of the "big five" that's seen any increase at all. You can read the scanty details for yourself, after the break. [Image Credit: Wikimedia Commons]
CE-Oh no he didn't!: Acer founder characterizes Apple as a mutant virus
Wow, a mutant virus? This analogy may sound like a ringing bell for another cat fight on the playground, but Acer founder and retired chairman Stan Shih is actually semi-praising Apple here. Speaking at the launch of an Acer touch-themed design competition, Shih said that while Apple's taking the "revolution" highway to tackle the PC market, Acer's success has always depended on its time-consuming but more pragmatic "evolution" strategy, and it'll keep doing so to lay the ground for the next 30 years or so. Here's how China Times paraphrased Shih: "Apple is like a mutant virus, escaping from the traditional structure of the PC industry, but the industry will still eventually build up immunity, thus further blocking this trend, and we believe the size of the non-Apple camp will exceed Apple's, because this is how the industry normally evolves." Assuming the second half of Shih's quote refers to the tablet market share, this certainly echoes the words of his good friend JT Wang. That said, this is also the man who's boldly predicted that all American PC brands will be gone within 20 years, but there's no promise that Apple won't be kicking out a few more revolutions in the coming years. Anyway, doesn't Acer have more to worry about for the mean time?
