Tuesday, October 30, 2012

Asus reports $230 million profit, buoyed by strong notebook and tablet sales

Jonney Shih

Taiwanese computer and tablet maker Asus has reported positive third quarter results, with 6.71 billion New Taiwan dollars ($230 million US) in net income on 111.43 billion NT ($3.8 billion) in revenue. That's a 9 percent increase in revenue from the third quarter of 2011, and a 43 percent jump in net income over the same period. Compared to last quarter, Asus saw 18 percent more revenue and a 39 percent greater net income.


It's a sharp contrast to PC makers like HP and Dell, which have struggled to sell PCs and transition into the tablet market. While sales of Asus' once-popular netbooks are steadily dwindling, notebooks and components are growing, and tablet shipments have jumped dramatically, from 800,000 in the Q2 to 2.3 million in...


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via The Verge - All Posts http://www.theverge.com/2012/10/30/3575454/asus-q3-2012-earnings

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