Asustek Q3 net profits said to be up 43 percent to $230 million thanks to Nexus 7, convertibles:
Asustek has just painted a pretty Q3 financial picture, showing a 43 percent jump in net profits -- $230 million compared to $160 million last year, according to the
WSJ. Gross revenue also climbed 9 percent to around $3.8 billion, which the company attributes to the popularity of its Google-partnered
Nexus 7 tablet, along with convertibles like the
Transformer Prime TF201 and a healthy
notebook lineup. Asus boosted PC shipments nearly 12 percent according to the
last round of Gartner surveys, helping it stay the fifth largest player in that market. The company sees good things ahead for Q4 as well, expecting double digit gains in PC and tablet shipments, due in large part to its burgeoning
Windows 8 lineup finally hitting the market. Of course, that'll depend in large part on how well users gravitate towards the
fledgling OS.
Filed under:
Desktops,
Laptops,
Tablets,
ASUS
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