Acer Q3 profit up from previous year's financial loss, but revenue down

22.10.2012

Acer, now the fourth-largest PC vendor, is facing an uphill climb to bring back growth, according to research firm IDC. Like its competitors, Acer is being threatened by the popularity of Apple's iPad, which has taken sales away from notebooks.

earlier this year, Acer President Jim Wong said the company is re-focusing its efforts on innovation and expects Windows 8 will help usher in new attractive products to consumers.