Acer Profit Misses Estimates on Declining Sales, Market Share

Acer Profit Misses Estimates on Declining Sales, Market Share

Ashley Pon/Bloomberg

An Acer Inc. Aspire S7 11.6-inch Ultrabook device is displayed at a news conference in Taipei, Taiwan. Acer’s shipment decline for the quarter was wider than the industry’s as the company’s sales of Ultrabooks, light notebooks that mimic Apple Inc.’s MacBook Air, failed to meet expectations.