Things are not that good for Asus The pioneering computer maker Asustek netbooks posted a quarterly profit worse than expected and cut its forecast for sales of notebooks this year, due to the uncertain prospect of European and American markets. Asustek said on Friday it expected sales of both laptops as netbooks, from 4.1 million units in the third quarter from the 3.9 million produced in the second quarter. The chief financial officer of the company, David Chang, said the company’s sales should grow between 5% and 10% in the current quarter from the previous, while total sales in 2010 should reach 16 million to 17 million units below the previous target of 18 million. “The margins were not very positive in the second quarter and this is due mainly to exchange rate issue. It seems that the demand will not be very strong in the second half,” said analyst Angela Hsiang, the KGI Securities Sales of technology products from manufacturers to retailers generally increase in the third quarter due to demand return of classes and shopping before the Christmas season, and then tend to decrease in the fourth quarter. Asustek, which also manufactures motherboards and own-brand mobile phones, reported net income of 3.32 billion Taiwan dollars (104 million U.S. dollars) from April to June, reversing loss a year earlier, when the company suffered losses because exchange rate variations. |
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