Asustek Computer Inc

Taiwan-based Acer is taking the netbook market by storm, even as it posted a weaker-than-expected first quarter. President and CEO Gianfranco Lanci told analysts his company shipped more than five million netbooks last year, beating the 4.9 million sold by its competitor, ASUSTeK Computer, even though Acer started its deliveries six months after ASUS.

Net Profit Drops 31 Percent

But despite that success, Acer, the world's third-largest computer maker, issued reduced growth forecasts for this year and said its first-quarter net profit dropped 31 percent.

Android, Google's open-source operating system for mobile devices, is beginning to spread to other devices. According to a report in Sunday's New York Times, T-Mobile is planning to take the lead in that migration, rolling out Android on a variety of new consumer devices.