Acer reports quarterly losses, blames iPad "fever"

Acer reports quarterly losses, blames temporary 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.

Right.

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.

Acer has previously called iPad -- and iPhone -- a "mutant virus" and said iPad market share would drop to 20%.

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.)

[Reuters]

Rene Ritchie

Editor-in-Chief of iMore, co-host of Iterate, Debug, ZEN and TECH, MacBreak Weekly. Cook, grappler, photon wrangler. Follow him on Twitter, App.net, Google+.

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There are 14 comments. Add yours.

Guest 0520 says:

I don't think this site is informational anymore... if it is, I can't tell. It seems like every box in this selling me something. Sigh, I used to actually like this site.

fastlane says:

I don't have a problem with the information or articles here. But, I see that annoying Android robot at least ten times for every one time I see the iOS one.

Hodgez says:

Who gives a crap. Stop trolling.

ecd says:

shove your iphone and lumix cameras up your a** and have a nice day

Dev says:

Netbooks carved out a market by offering something that laptops lacked -- an even more mobile profile with better battery life, at a low cost. The iPad has come along and improved on both of those factors, while holding roughly the same on price.
Netbooks still have a niche, but the niche has shrunk from "the most mobile computing device" to "the most mobile computing device upon which you can perform regular (i.e. Windows) computing tasks."
That is not a fever -- it is a market redefinition, and Acer is going to have to adjust.

cardfan says:

More likely they're just going to have to be patient for windows 8.

Dev says:

Could be...I rarely use Windows anymore, but I find myself rooting for Windows 8 to get more viable competitors in the tablet space. It feels distinctly odd to root for Microsoft to prevent a monoculture.

Mazon says:

Acer needs to wake up and smell the roses.
Get with it and make a GREAT product and you may one day pass Apple...Not
Wine, Wine, Wine

fastlane says:

I love wine, wine, wine... except, I don't like the hangovers.

ALEX NICK says:

I just p a i d $21.87 for an i P a d 2-64GB and my boyfriend loves his Panasonîc Lumîx GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS.I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $657 which only cost me $62.81 to buy.Here is the website we use to get it all from, http://BídsFírst.Com

sting7k says:

I have no interest in owning a tablet any time soon but I will say this; I would buy a tablet (any of them) before I ever consider buying a netbook. Worst product category ever. Sorry Acer, you lose.

johncblandii says:

He blamed the iPad? Sensational title there dude.