Acer CEO: “Today I have to say, trying to break even this year becomes impossible.” J.T. Wang insists that the tablet market is just a consumer “fever,” even well into the second year of iPads and (to a lesser extent) Galaxy Tabs just destroying Acer’s netbook market.
I warned you three weeks ago not to go long on Acer.
HP had a plan for taking on the new tablet market. It didn’t pan out, but at least they had a plan. Acer doesn’t even have that much.