Acer's two-quarter net loss of $234 million was not up to market expectations

Sina Science and technology news Beijing time, August 24, Acer today released its two quarterly results by the end of June, Acer's two-quarter net loss of NT $6.79 billion (about 234.3 million U.S. dollars), much higher than the industry 6 analysts expected 3.3 billion yuan.　　Acer achieved a net profit of NT $1.19 billion in the first quarter of this year, with a net profit of NT $2.65 billion last year in the two quarter. In a statement, Acer said: "We are committed to further reducing the level of inventory in the two quarter, affected by the weakening of the US economy and the slowdown in PC sales." Acer also paid higher severance fees for senior executives, which resulted in a two-quarter loss higher than expected. "Under the influence of write-off and reorganization of inventory costs, Acer failed to meet market expectations for the first time in its two-quarter earnings and will not be able to meet its break-even target this year."　　Acer has dominated the PC market, especially in the low-end notebook market, but Acer's PC sales and profits have been severely affected by its inability to respond forcefully to tablet products such as the ipad.　　Acer said in June this year that it would make a one-off fee of $150 million trillion for European warehouse inventories and for accounts receivable in Spain, and lay off 300 people. Jenny Lai, an analyst at HSBC, said the Gianni Lay would make a small profit in the three quarter, driven by inventory cleanup, but would still lose money throughout the year. "(Xiao Ming)