Acer Lost Almost $250 Million Last Quarter Alone, Remains Stoic

Acer, recently the world's second-largest shipper of PCs, has had a rough year. But in March a deliberate decision was made by upper management to abandon their goal of dethroning HP and instead focus on making better, more distinguishable products. The result: sales and revenue in freefall. At least they knew it was coming — but losing millions of customers and a huge proportion of your worth isn't something any company likes having to do.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YZmylBPLies/

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