Netbook Manufacturer Asustek Has Strong Q3 Results

Netbook pioneer Asustek has recently released their Q3 resuts and we can see that the company’s net profit reaffirmed consumer confidence in tech. Asustek’s Q3 results were the firm’s first net profit after three straight quarters of losses.

The netbook manufacturer made a net profit of $6.497 billion during Q3, which is more than double their forecasted net profit of $2.97 billion. This profit is even more impressive, given that only a year ago, Q3 results were a net profit of $6.38 billion. Company revenues for Asustek Computer on the other hand, fell from $78.3 billion to $67.1 billion due to sales of low-cost netbooks.

Via Reuters.