Asus posts healthy profit in Q2, thanks the Transformer

Asus posts healthy profit in Q2, thanks the Transformer
Asus posts healthy profit in Q2, thanks the Transformer
ASUS records heavy profit in the second quarter of 2011 and credits Eee Pad Transformer for it

In this second quarter ASUS has reported healthy profit. Its net earnings were 5% to $124 million and its net profit climbed to $242 million mainly based on its netbooks and tablet sales. Its operating profit margin also grew to 5.9 percent, which is the highest for the company in the last three years.

Though the exact details of their total sale are still to come, but leaked details suggest it was shipping around 300,000 tablets a month. Most of the devices among these were the ASUS Eee Pad Transformer Tablets. While these figures may be a lot less than Apple’s 9.25 million iPads sold this quarter but it is better than some other of their competitors like Motorola and RIM who have only 440,000 Xooms and 500,000 PlayBooks sold respectively.

In Taiwan their main rival Acer has posted a loss of about $234 million. ASUS must be happy with their performance so far. Their next model Eee Pad Slider will also be added to their list in near future.

Source(s)

> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2011 08 > Asus posts healthy profit in Q2, thanks the Transformer
Author: Pallab Jyotee Hazarika, 2011-08-26 (Update: 2012-05-26)