Acer Q3 revenue climbs 47 per cent as it chases Lenovo

Acer said its revenue rose 47 percent for the third quarter as it narrowed the gap in global PC market share between itself and number three Lenovo of China.

Acer, the world's fourth-biggest PC vendor, said its revenue rose 47 per cent during the third quarter as it narrowed the gap in global PC market share between itself and China's Lenovo Group.

Acer's revenue for the three months ended September 30 rose to NT$82.5 billion (US$2.5 billion as of the end of the period reported), from NT$56.1 billion during the same quarter a year ago, the company said. Its net income climbed 37 per cent to NT$1.97 billion.

Notebook PC shipments led the way for Acer during the quarter, company president, Gianfranco Lanci, said.

The Taiwanese company's global share of the PC market grew during the quarter to 4.7 per cent, up from 3.6 per cent during the same time last year, and inching closer to Lenovo, the third largest PC retailer.

Lenovo's PC shipments in the third quarter rose 13 per cent compared to the same time last year, compared to 50 per cent for Acer, according to market researcher IDC.

Worldwide PC shipments during the July through September period increased by more than 17 per cent despite rising interest rates and high oil prices, IDC said earlier this month.

Acer executives expected a strong showing in the fourth quarter as well.

"I think this is still going to be a great quarter for PC industry growth, and I think especially for portable PCs," Lanci said.

Acer's fourth quarter notebook PC shipments would likely grow up to 80 per cent compared to the same time last year, he said. The company's revenue would also probably rise by as much as 20 per cent for the three months ending December 31, compared to the third quarter.

Acer should be able to continue to grow at a fast clip as it focuses on two markets, the US and China, where it hadn't done well in the past, company chairman, JT Wang, said.

It would also put more emphasis on desktop PCs going forward, he said, since its notebook PCs were already grabbing market attention.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dan Nystedt

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill


I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?