Acer Group posts

Feed

Acer Announces Highest Net Income in Three Years

Taiwan's Acer Inc. hasn't become the world's second-largest personal computer manufacturer for nothing. In its most recent quarter, the company announced that it attained its highest profit in almost three years, mostly at the expense of the company it recently displaced from the number two spot, Dell (DELL). It is still behind global computer leader Hewlett-Packard (HPQ).

At the same time it has grown shipments, it has kept an eye on profits, which is impressive. In general, rapid market share gains means margin cuts, but not here. Acer, which just four years ago seemed in disarray as it tried to find out why it was being beaten in the PC game, has apparently figured it out.

Continue reading Acer Announces Highest Net Income in Three Years

Symbol Lookup
IndexesChangePrice
DJIA0.0012,529.75
NASDAQ0.002,839.38
S&P 5000.001,320.68

Last updated: May 25, 2012: 08:59 AM

Hot Stocks

General Electric

19.250.00(0.00)

Alcoa

8.630.00(0.00)

Apple Inc

565.320.00(0.00)

Google Inc 'A'

603.660.00(0.00)

Bank of America

7.140.00(0.00)

Wal-Mart Stores

65.070.00(0.00)

Exxon Mobil Corp

82.610.00(0.00)

Ford

10.590.00(0.00)

Citigroup

26.660.00(0.00)

IBM

196.090.00(0.00)

Yahoo

15.350.00(0.00)

Starbucks

54.760.00(0.00)

Microsoft

29.070.00(0.00)

Home Depot

49.710.00(0.00)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1337950757013 ms.