What They Say
Acer reported its best Q3 for seven years with 19.5% growth from last year. Features of the quarter were:
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Notebook revenue grew by 29.8% YoY
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Desktop revenue grew by 11.6% YoY
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Monitor revenue grew by 11.3% YoY
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Gaming line revenue grew by 29.7% YoY
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Chromebook revenue grew by 42.7% YoY
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Commercial notebook revenue grew by 44.7% YoY
What We Think
I’ve never been much of a clever investor, and I certainly wouldn’t have bought stock in Acer two or three years go when it looked not quite like a ‘death spiral’ but certainly on a path to terminal decline. Kudos to the management for making the most of the last couple of years!(BR)
