LG has released its earnings statement for the Q2 2012 period, the claim of "turning a corner" in Q1 has just managed to hold up as it registered net profits of $138 million, up 46 percent from the same period last year. Revenues, while higher than Q1, were actually down from last year and blamed on declines in featurephone sales and slow sales of IT products.
Engadget , LG Q2 2012 earnings show a loss on cellphones, but higher profits overall thanks to home theater, LG Q2 2012 earnings show a loss on cellphones, but higher profits overall thanks to home theater
No comments:
Post a Comment