What They Say
Acer said that it hit its highest October revenue for seven years, up 9.8% year on year TO NT$28.01 billion ($1.06 billion) while the year to the end of October is up by 18.4% to NT$260.48 billion ($9.4 billion)
Business highlights for October include:
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YoY revenue for the gaming line grew by 20.2%
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YoY revenue for desktop PCs grew by 54.5%
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YoY revenue for notebook PCs grew by 4.8%
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YoY revenue for monitors grew by 4.7%
What We Think
I thought I’d look back to 2014 (Acer’s October Sales Down MoM) and saw that in October 2014, the firm saw sales of NT$28.2 billion which was below, but in US dollar terms, that was just $926 million and its YTD sales were NT$272.4 billion ($8.9 billion), So, in US dollar terms, the firm is actually ahead of 2014. (BR)
