Acer Seeks 12% Market Share in 2008

Acer's acquisition of Gateway has had a definite impact on its overall market share, its chairman said Friday, and forecasted the manufacturer would be able to ship 25 percent more computers in 2008. The boost should allow the company to claim an 11 to 12 percent share during the next year. Analysts have said that Acer likely took over the third spot behind HP and Dell from Lenovo following the deal.

Third quarter profits at the company surged 58 percent behind strong demand for its laptops and growth in emerging markets. Acer expects its fourth quarter numbers to be equally as good, as it hasn't seen any slowdown in demand for its products. Fourth quarter shipments of Acer products are expected to be 10 percent above third quarter numbers, the company said in a conference call.