Acer chairman JT Wang at a presentation Thursday argued his belief that the company would return to profit in 2011. After posting two successive losses in the first half due to Apple's iPad cannibalizing netbooks and low-end notebooks, Wang expected a profit in the summer and an improvement yet again in the fall, the combination of which would put Acer back above water. The Taiwan PC builder had cut its 'abnormalities' in Europe from unsold notebooks and would have a much more efficient 10 to 20 days of channel inventory in the summer.
