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Acer reported consolidated revenue of NT$22.75 billion (US$6.7 billion) for November, up 21% from October and a 13% growth compared to the same period last year.
The Taiwanese company attributed the revenue growth to Chromebook sales, which saw a 54% jump year-on-year in November, and its PC and display business, which recorded an 11% uplift year-on-year.
Meanwhile, total revenues from businesses other than computers and displays contributed 27% of the group’s total revenues in November, with Acer citing its strategy to expand multiple businesses continued to gain momentum.
In November, Acer’s public subsidiaries also announced their revenue results, including Altos Computing, which specialises in AI server and workstations: it saw revenue grew 3.3% year-on-year. Meanwhile, Acer ITS reported revenue jumping 59% year-on-year in November.
Acer added two of its public subsidiaries also began trading in November, including Acerpure Inc. and Protrade Applied Materials Corp. on the Taipei Exchange Emerging Market. Winking Studios started trading on the London Stock Exchange AIM (WKS.L) in addition to the Singapore Exchange Catalist (WKS.SI).
In June, during a European press conference, the company fired warning shots at Dell, HP, and Lenovo that it plans to grow sales of its business products – and believes that it has the right mix of laptops, channel partners and service infrastructure.
At the time, Cristina Gualteri, Acer’s EMEA channel marketing senior manager, shared with TechFinitive why Acer feels now is the time to focus on its commercial division.
“First of all we took the opportunity of the launch of AI PCs for B2B as well, but even more important we wanted to present our value proposition and refreshed Synergy partner program” said Gualteri.
“Our focus in business and education will be reinforced year on year with the objective to grow not only inside the company as a percentage but in our market share.”
Acer followed through with the announcement of five Copilot+ PC laptops at IFA 2024 in September, three of which were updates to its ultraportable Swift range. There new Swift 14 AI comes in both Intel and Qualcomm versions, while the Swift 16 AI is Intel-only.
Acer also took advantage of Qualcomm’s new 8-core Snapdragon chip to produce the highly affordable Swift Go 14 AI (Qualcomm). The TravelMate P16 14 AI, based upon Intel’s Core Ultra 200V series chips, rounded out the line-up.
