Acer Reports February Consolidated Revenues of NT$22.91 Billion

[Uskompuf]

Acer Inc. (TWSE: 2353) announced today its consolidated revenues for February 2022 at NT$22.91 billion, the highest in eight years for the same period. The February revenues grew by 12.7% year-on-year (YoY), and year-to-February revenues of NT$48.06 billion grew by 9.7% YoY. Acer's public subsidiaries have all announced their monthly revenues, with year-to-February revenues growing by 30.6% YoY in total. Acer's strategy to establish multiple business engines continues to gain momentum, while the year-to-February revenues of businesses other than PCs and displays grew 22.7% YoY, faster than the overall corporate growth.





Business highlights for year-to-February include:

• Notebook revenues grew 4.6% YoY
• Desktop revenues grew 36.0% YoY
• Display revenues grew 9.8% YoY
• Gaming line revenues grew 32.4% YoY
• Commercial business revenues grew 41.6% YoY
• Acer Gaming Inc. revenues grew 27.7% YoY
• Acer Gadget Inc. revenues grew 19.3% YoY
• MPS Energy Inc. revenues grew 20.4% YoY
• Altos Computing Inc. revenues grew 233.6% YoY

View at TechPowerUp Main Site | Source

 

[DoLlyBirD]

Funny all these shortages of CPU's and GPU's yet tech companies are doing better than they have been for years, artificial.

 

[Tek-Check]

There is much greater demand for tech products.

 

[Cutechri]

Funny all these shortages of CPU's and GPU's yet tech companies are doing better than they have been for years, artificial.

Of course they are. We are suffering, not companies. In fact, these companies wish the current conditions would last forever.

 

[watzupken]

Funny all these shortages of CPU's and GPU's yet tech companies are doing better than they have been for years, artificial.

In times like this, I will not be surprised that companies may be collaborating to keep prices high, while claiming that demand is red hot. Demand is red hot no doubt, but if supply is that bad, then how do they make record profits quarter to quarter? Logically, how do you make more money? Either you sell more, or you increase your profit margin. If you cannot sell more due to the narrative, “supply chain disruptions”, then only way you can make a lot more money is to sell it at a higher price.