Acer Profit Climbs After Overtaking H-P in Laptop Market Share

Acer Inc., the world’s second-largest computer supplier, posted its strongest profit growth in nine quarters after it overtook Hewlett-Packard Co. to take top spot in the laptop market ahead of its own forecast.

First-quarter net income rose 63 percent to NT$3.29 billion ($105 million), the fastest since December 2007, the Taipei- based company said today. The average of 13 analyst estimates was for net income of NT$3.18 billion.