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Thread: Asus Sees Q3 Profits Rise on Strong Nexus 7 & 'Convertibles' Sales

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    Asus Sees Q3 Profits Rise on Strong Nexus 7 & 'Convertibles' Sales

    Things are going good over at Asustek. They just posted rising profits for the third quarter, and most of that was due to strong sales of the Nexus 7 that Asus manufacturers for Google, as well as strong sales of their own Transformer series of tablets. Here's a quote with a few more details,

    Asus had a strong quarter beating market analysts’ expectations. The company’s net profit stood at around $229 million (NT$6.71 billion), on revenue of around $3.81 billion (NT$111.4 billion).

    Asus now expects growth to continue throughout the Holiday quarter with tablet shipments reaching 2.6 million units.
    Apparently Samsung isn't the only manufacturer who can turn a profit on Android.

    Source: PhoneArena


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