Acer Chairman J.T. Wang chalked up his company’s poor second-quarter performance as a “correction period,” according to Reuters. His company has seen numerous struggles since the launch of Apple’s iPad, which has cut into the sales of low-cost, low-power netbooks.
Wang reportedly added that he expects the “fever” for tablets to recede, and for consumers to regain interest in traditional style notebooks. Though he did not mention the iPad by name, Apple’s touchscreen device has dominated the tablet market since it first went on sale in 2010.
Keep telling yourself that.
Reminds me of that Newsweek article from 1995 declaring the Internet a passing fad too.