Acer expected to turn a profit in 4Q11

   Date:2011-12-13hanyue

Acer is expected to turn a profit in the fourth quarter of 2011 as the company has been aggressive reducing its inventory levels, which should reach 20-25 days by the end of 2011, while market demand for ultrabooks meet expectations, according to market watchers.

Acer had non-consolidated revenues of NT$35.76 billion (US$1.18 billion) for November, down 1.82% on month and 12.18% on year, with combined non-consolidated revenues for the first 11 months of 2011 reached NT$372.68 billion, down 23.52% on year.

For December, market watchers revealed that Acer's notebook orders are still strong and should have a chance to maintain higher levels than November.

Since Acer is expected to successfully reduce its inventory levels from 100 days in the fourth quarter of 2010 to 20-25 days by year-end, sources from upstream supply chain pointed out that Acer's order estimate has become more accurate than before.

As for ultrabook sales, Acer noted that its Aspire S series ultrabooks had an excellent sales performance during the IT Month show in Taipei, Taiwan, combing with sales of its Aspire Timeline X ultra-thin notebooks, the two series have accounted for 40% of its total notebook sales at the show.

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