What They Say
Acer put out its monthly result for January which was the highest January for eight years at 7.1% beyond last year at $902 million. It was down 14.8% from in line with seasonality. The firm said that logistic issues are a bottleneck, although semiconductor shortages are easing.
- Gaming line: revenues grew 28.7% YoY
- Desktops: revenues grew 40.7% YoY
- Commercial PCs (desktop and notebooks): revenues grew 18.6% YoY
- Displays: revenues grew 15.3% YoY
The firm said that PCs and displays contributed to 19.0% of total revenues, compared to 16.1% contribution in January 2021.
What We Think
I wasn’t convinced that Acer could move its business into new areas, but it seems to have been doing that and now has nearly 20% outside its traditional business areas. (BR)
