Acer has released its consolidated revenue data for June, the Taiwanese giant says it saw revenues hit NT$28.69 billion ($982.8 million) last month. This marks a significant increase of 49.7% month-over-month and it also represents a 1.8% year-over-year growth, suggesting that the PC market is rebounding after a bad few years.
The laptop maker also revealed that it had revenues of NT$127.87 billion ($4.38 billion) during the first half of the year, representing growth of 1.5% year-over-year.
In June, Acer saw notebook revenues grow 11.9% year-over-year, desktop revenues grew 19.3% year-over-year, Chromebook revenues grew 8.2% year-over-year with 21.2% growth noted for the first half of the year, and commercial PC revenues (desktops and laptops) grew 7.9% year-over-year. Essentially, Acer did well across all PC categories in June.
The commercial PC growth stands out because it could suggest strong enterprise adoption or refresh cycles. We all know what’s coming in October: the end of Windows 10. It wouldn’t be too surprising if these commercial buyers were upgrading their devices in time for the deadline.
The growth in revenue from Acer Chromebooks is also notable. They are pretty popular in education environments so schools may have been buying ready for the new school year.
Acer also revealed that revenues from businesses other than personal computers and displays made up for 26.8% of total revenues in June and 30.7% for the first half of the year. The Taiwanese company said that it’s attempting to expand “multiple business engines”; given the data, it seems these growth efforts are paying off. Acer is also diversifying its products into areas like AI infrastructure with Altos Computing and lifestyle products like e-bikes.
This week, we"ve also had Q2 preliminary earnings for LG and Samsung. LG has seen its operating profits fall 47% year-over-year and Samsung was even worse off with operating profits falling 56% year-over-year.