Acer Inc. said Wednesday that it doesn’t expect to post a profit this year, with conditions that resulted in a second-quarter net loss likely to continue weighing on the company.
The Taiwan personal-computer maker had previously said that it expected a profit in 2011, but Acer Chief Executive J.T. Wang said Wednesday that inventory adjustments, falling demand for notebook PCs and a weakening global economy led to a change in outlook.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
