Asustek Q3 net profits said to be up 43 percent to $230 million thanks to Nexus 7, convertibles

[ ](http://www.engadget.com/2012/10/30/asustek-q3-net-profits-up-43-percent/)

Asustek has just painted a pretty Q3 financial picture, showing a 43 percent jump in net profits -- $230 million compared to $160 million last year, according to the _WSJ_. Gross revenue also climbed 9 percent to around $3.8 billion, which the company attributes to the popularity of its Google-partnered [Nexus 7 tablet](http://www.engadget.com/2012/10/29/nexus-7s-new-pricing-is-official-16gb-for-199-32gb-for-249/), along with convertibles like the [Transformer Prime TF201](http://www.engadget.com/2012/09/27/asus-transformer-prime-tf201-gets-android-4-1-1-jelly-bean-updat/) and a healthy [notebook lineup](http://www.engadget.com/tag/ASUS,notebooks/). Asus boosted PC shipments nearly 12 percent according to the [last round](http://www.engadget.com/2012/10/10/gartner-and-idc-pc-shipments-tumbled-over-8-percent-in-q3/) of Gartner surveys, helping it stay the fifth largest player in that market. The company sees good things ahead for Q4 too, expecting double digit gains in PC and tablet shipments due to its burgeoning [Windows 8 lineup](http://www.engadget.com/tag/ASUS,windows8) finally hitting the market. That'll depend, of course, on how well users gravitate toward the [fledgling OS](http://www.engadget.com/tag/microsoft,windows8).

Filed under: [Desktops](http://www.engadget.com/category/desktops/), [Laptops](http://www.engadget.com/category/laptops/), [Tablets](http://www.engadget.com/category/tablets/), [ASUS](http://www.engadget.com/category/asus/)

[Asustek Q3 net profits said to be up 43 percent to $230 million thanks to Nexus 7, convertibles](http://www.engadget.com/2012/10/30/asustek-q3-net-profits-up-43-percent/) originally appeared on [Engadget](http://www.engadget.com) on Tue, 30 Oct 2012 09:15:00 EDT. Please see our [terms for use of feeds](http://www.weblogsinc.com/feed-terms/).

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