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LG Q2 earnings show lower profit than last year LG Q2 earnings show lower profit than last year
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LG Q2 earnings show lower profit than last year
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Old 24th July 2013, 07:57   #1
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Default LG Q2 earnings show lower profit than last year

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 G2 to keep things moving in the right direction going forward.

http://www.engadget.com/2013/07/24/l... ign=Engadget
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