Acer reports quarterly losses, blames iPad "fever"
Acer has reported their first ever quarterly loss and Chairman J.T. Wang is placing the blame squarely on "tablets" (i.e. iPad), a "fever" he does not think will last. Having seen their fortunes rise with the netbook market most hurt by Apple's iPad, Wang concedes it would be impossible for Acer to break even this year, but thinks iPad will face and netbooks will regain consumer interest moving forward.
First, it's interesting corporations like HP last week and Acer now blaming their misfortunes on the "tablet" effect/market when they themselves make tablets -- the TouchPad and Iconia respectively -- just not popular tablets yet. Of course they're not going to name a competing product like iPad, but neither should they blame a mythical "tablet" space -- just their inability to thus far compete in it.
Unfortunately for Acer, they've yet to find a cure for this mutant virus fever, and worse, it doesn't seem like they're looking. (Here's a hint: look for the sings that point to make great products with fantastic experiences that delight consumers and figure out how to price them competitively.)
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