ASUS Reports Q3 2012 Earnings

ASUS just posted its third quarter earnings for this year, and the company ended up recording its largest quarterly profit in more than four years. During the third quarter, the company earned a net income of $229.1 million, which is up 43% from the same time last year. ASUS posted a total Q3 revenue of $3.8 billion.

The company's laptop and tablet shipments in the third quarter were up from last quarter. They ended up shipping 5 million laptops (up 14% from Q2), and also shipped 2.3 million tablets, which is up by a whopping 300% compared to last quarter when ASUS only shipped 800,000 tablets. That's quite a big increase to say the least.

According to research firm Gartner, ASUS also had the biggest rise in PC market share during Q3. They now have a 7.3% market share and the company's shipments rose 12%. To compare, other PC makers, such as HP, Dell, and Acer, all reported lower shipments and market share for the third quarter period.

ASUS is expecting another big quarter in Q4 2012. They're expecting their laptop shipments to go up 10% from the third quarter to 5.5 million units. They're also expecting tablet shipments to go up as well. They're hoping to ship 2.6 million tablets, which would be up 13% from the third quarter.