Logitech CEO upbeat on growth after Q4 beats poll

* Q4 net income $24 million, beats poll

* Expects $2.3 billion in sales for fiscal year 2011

* CEO says no concrete M&A plans

* Shares drop 1.6 pct, underperform Swiss mid-cap market

ZURICH, April 29 (Reuters) - Consumers are set to splash out on new computer accessories again after months of austerity, the head of Logitech (LOGN.VX) told Reuters, adding to technology sector recovery hopes.

The upbeat comments come after the world's largest maker of computer mice posted a fourth-quarter income of $24 million, beating analysts' forecast of $19 million. [ID:nN28184880]

The group expects sales of $2.3 billion and to double operating income in its 2011 fiscal year, but markets were underwhelmed with the goals and the shares traded 1.6 percent lower at 0930 GMT, underperforming the Swiss mid-cap index .SMIM.

"The quarter is above expectations, but full-year operating profit and net profit (tax) guidance is disappointing," Kepler analyst Roger Steiner wrote in a note. "We will have to cut our FY 2011 profit estimates."

Demand for computers is seen rising 9 percent this year, according to research firm IDC, helped in part by the launch of Apple Inc's (AAPL.O) much-anticipated iPad.

"PCs are starting to be sold again," Chief Executive Gerald Quindlen told Reuters. "We're very bullish on the coming year."

Forecast-beating results from Apple and Microsoft (MSFT.O) have highlighted that the tech sector is recovering and the trend has lifted Logitech shares in recent weeks.

Concerning acquisitions, Quindlen said his chief focus was on integrating LifeSize fully. Logitech bought the video-conferencing company for $405 million late last year as a means of accessing a market that is seen as a key source of growth. [ID:nLB95535]

"I'm not sitting here planning on any major acquisitions but you would never rule it out," Quindlen said. (Reporting by Catherine Bosley; Editing by Rupert Winchester)