Acer’s growth is set to accelerate further following its purchases of Gateway and Packard Bell . The last quarter showed a 58% increase in profits, largely thanks to a huge rise in demand for laptops, both in Europe and in developing countries. Having ended the third quarter in fourth place in the worldwide PC market with 8.1% of the market, Acer will finish third next time around following its recent acquisitions, overtaking Lenovo who finished the third quarter with 8.2% of the worldwide PC market.
Acer now has its eyes firmly on the leading duo of Hewlett-Packard and Dell . Hewlett-Packard dominate the world market with 19.6%, compared to Dell’s 15.2%, though Dell have the largest chunk of the US market with 28%. Recently merged into Acer, Gateway and Packard Bell themselves have significant chunks of the market. Gateway were the fourth-biggest PC maker in the US – just one of the reason’s for Acer splashing out £346 million for the firm. However, despite significant sales, Gateway had struggled outside Europe and the sale comes as welcome news for the firm.
Acer Acquires Fellow Laptop Makers
Mon, 29 Oct 2007
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