Acer reported its first-ever quarterly loss yesterday, which it blamed on various expenses and excess inventory, though chairman J.T. Wang stressed that he sees a slowdown to the current wave of tablet fever.
For the quarter ended June, the Taiwanese PC maker suffered a net loss of 6.79 billion in Taiwanese dollars ($234.3 million). That loss compared with a net profit of NT$2.65 billion in last year's second quarter and was considerably larger than the NT$3.3 billion loss expected by several analysts polled by Reuters.
Sales fell by 32 percent from a … Read more