Items tagged with financial results

It's not unusual for a company's profits to come up short of analyst expectations, but what's interesting in Acer's case is fact that its performance in the third quarter of 2012 versus what the market experts were anticipating ended up being miles apart. Acer's net income in Q3 reached NT$68 million (about US$2.3 million), the second largest computer maker in Asia announced today. That's well short of the NT$503 million (US$17.2 million) average Bloomberg compiled based on 18 analyst estimates, and Acer doesn't appear willing to talk about the disparity, at least not yet. The company plans to... Read more...
Samsung's rolling in the dough after posting a profit of 5.3 trillion won in 2011, or $4.73 in U.S. currency, representative of a staggering 79 percent year-on-year growth rate. Smartphone sales have been for key for Samsung, and despite ongoing litigation with Apple over patent infringement claims, Samsung's shipped more mobile phones in 2011 than Apple did iPhones, according to data by IHS iSuppli. "Despite intensified competition amid the global economic slowdown, our Telecommunications businesses continued to post solid earnings with an enhanced line-up of high-end smartphones, resulting in... Read more...