News
Acer expects to meet targets
Ben Furfie Jan 12 2009, 11:59am
Vendor makes public statement, despite revenue drop
Acer has said that it expects to hit forecasts for its operating margin during the fourth quarter, despite a reported revenue drop of between five per cent and ten per cent.
Worryingly, the vendor also said that it had seen a noticeable drop in demand from retailers as they cut inventories due to toughening market conditions.
In a statement to the press, the company said: "In the current worldwide economic situation, even through most of the channels have been more cautious and less willing to carry inventory by year-end, Acer’s product demand has remained healthy and stable."
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