Acer Announces Losses In 2011

• Tweet
• Sharebar

• Tweet

Acer has revealed that it made only meager profits in Q4 2011, with a hefty loss for the year overall. After two poor sets of quarterly results, Acer chalked up a measly $2.4 million profit in the final quarter of 2011, which meant an overall annual loss of $212 million.

Acer blamed one-off charges and operational and strategic adjustments for the dismal figures. There is optimism though – Acer says they are through the worst of it.

Here are income statements and projections for next few years.

Via engadget

Related posts:

1. Acer AOD257 – the cheapest dual core netbook
2. Acer’s direction in 2012
3. Most Popular Sites 2011
4. Acer Aspire 3951
5. Acer Iconia Tab A200