Home » » LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales

LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales




LG Electronics has released its earnings report for the second quarter of 2013, and while its net profit of 156 billion won ($139 million) slipped from the same period last year, it's proudly trumpeting a record 12.1 million smartphones shipped. Operating profit for it mobile unit slipped from last quarter, but grew year over year to 54.37 million, and LG is apparently banking on phones like the Optimus L II, Optimus F and of course the upcoming G2 to keep things moving in the right direction. The mixed results continued when it came to TVs, as revenue and profit increased from the previous quarter, but dropped compared to last year, which the company blamed on lower demand and increased competition. As we've seen, it's focusing on the high end with new tech like Ultra HD and OLED for developed markets, although at the current prices it may take a while for those to have an effect.

Filed under: Cellphones, Displays, Home Entertainment, HD, Mobile, LG

Comments

Source: LG, Q2 2013 Performance (PDF)


Click Here To Compare Product



Search Result

LG has now announced its revenue earnings for the second quarter to the tune of KRW15.23 trillion ($13.6 billion). This amounts to a 10.1 percent increase year-on ,LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales Engadget (Today) - LG Electronics has released its earnings report for the ,LG Q2 earnings show lower profit than last Sets New Quarterly Record with Sales of 12 Million business shipped 12.1 million ,LG's Q2 2013 earnings are lower than last year, but they sold a record 12.1 million smartphones in the three-month period,LG Q1 earnings come in lower than last year, A net profit of $20.3 million is lower than Q1 2012 Quarterly Results Reflect Record-High Smartphone ,LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales. LG Q2 earnings show lower profit than last year, , it's proudly trumpeting a record 12.1 million smartphones LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales,LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales. LG Electronics has released its earnings record 12.1 million ,Permalink:LG Q2 earnings show lower profit than last year, record 12.1 million smartphone sales. Posts of Interest:: Accessories LP Record Cleaners;,LG Electronics has released its earnings report for the second quarter of 2013, and while its net profit of 156 billion won ($139 million) slipped from the

0 komentar:

Poskan Komentar