LG Q1 earnings come in lower last year, but mobile business is improved

LG has released its earnings report for the first quarter of 2013, and while they were down overall from last year, there is good news to report for its phones. A net profit of $ 20.3 million is lower than Q1 2012′s $ 214 million, and Q4′s $ 80.75 million, blamed on weaker earnings in its home theater business. The good news is reserved for phones, where sales were up 30 percent from last year thanks to devices like the Optimus G (original, Pro and Nexus 4) and L series. Home Entertainment sales dropped to their lowest level in the past year, blamed mostly on a decline in plasmas. According to LG its LCD sales were actually up thanks to growing demand in Europe and China, but profits took a hit because of increased competition. While it doesn’t expect the overall market to change, it is looking for better results in Q2 as its new Smart and 3D TVs hit shelves, not to mention 4K sets. We’ll keep digging through the numbers for more details, check the source link below to take a look for yourself.

Filed under: , , , ,

Comments

Source: LG Korea, LG Q1 2013 earnings (PDF)

Related Posts:

44

The torrent of leaks these past few days haven’t left much to the imagination, but HTC’s Peter Chou has just officially pulled back the curtain on the first phone to ship with Facebook Home — the HTC First — at Facebook’s Menlo Park headquarters.

According to HTC CEO Peter Chou the First will be the “ultimate social phone,” though he declined to dig into the device’s specs during his brief moments on-stage. The device will ship in four colors, and will support AT&T’s LTE network right out of the gate. Can’t wait for your chance to take it for a spin? The First will be available for $ 99 (with a 2 year contract naturally) starting on April 12, and pre-orders for the device kick off today. Those of you outside the U.S. will be able to join in the fun shortly too, as Mark Zuckerberg also noted that the phone would find its way to UK carriers Orange and EE in short order.

The mid-range First will be available in black, white, red and blue, and sports a 4.3-inch display that jibes with earlier reports. Facebook Home obviously serves to obscure the Android 4.1 Jelly Bean build that’s actually running the show, while one of Qualcomm’s dual-core Snapdragon 400 chipsets (and not the MSM8960 that was previously reported) provides the horsepower from inside that smooth, curved chassis. It’s not a bad looking phone and the internals aren’t quite as lousy as many had expected them to be, but all this begs a very important question — will anyone actually buy this phone when you can fire up Facebook Home on your (supported) Android handset for a whopping zero dollars?

I mean, c’mon — I’m a sucker for even mildly neat hardware, but so far neither HTC nor AT&T (whose CEOs both appeared on-stage to talk about how darned great the thing is) could provide a compelling reason why it’s worth buying. LTE? A handsome design? Neither of those are exactly hard to come by these days, are they? Facebook has said that the First will feature better integration for all those notifications you’re bound to get than if you had just installed the app, but at this point there’s little way of knowing how big a difference it’ll actually make. HTC knows how to make great hardware and I don’t mean to diminish that, but a lame device that’s been put together well is still a lame device.

This marks the second time that the social networking giant and the beleaguered Taiwanese OEM have collaborated on a peculiar hardware play. The first, if you’ll recall, were HTC Status (nee Chacha) and the Salsa released back in 2011– their main claim to fame was a dedicated Facebook button for quick access to your friends and feeds. Considering that neither device was exactly a runaway hit, it’s no surprise to see that Facebook and HTC have taken things in a different, more substantial direction with the One. Of course, the First is going to be the tip of the iceberg when it comes to Facebook Home devices — Zuckerberg also pointed to a Facebook Home Program which allows hardware manufacturers to build Facebook Home into their own forthcoming handsets.

Related Posts:

beer-pong-master-arcade-machine.jpg

Because drinking beer is actually the least fun thing about beer pong, arcade manufacturer Bay Tek Games is releasing Beer Pong Master, a beer pong arcade game with zero alcohol. So…it’s not really beer pong is it? It’s just pong. Jk jk, just a waste of a dollar.

Normal beer pong mechanics are in play here, but you have a set amount of time (our machine was registered at 60-second games) to sink as many balls in the still-lit cups as possible. All 10 cups begin completely lit at the start of the timer, and once your first ball connects to the rim of any cup, the clock begins winding down until you’ve sunk a ball in every cup and dimmed all the lights, or 60 seconds has passed, whichever comes first

Man, this kind of makes me want to go play carnival games. Yeah, and I’m gonna win a big prize — none of those small or medium stuffed animals for me. I’m gonna be the guy carrying the GIANT BEAR. Fun fact: did you know that nobody ever actually wins the big stuffed animals at amusement parks and the people you see walking around with them are just employees paid to do that? Well that’s true and don’t even try to say you’ve won one or know somebody who has because that makes you a dirty liar.

Hit the jump for a video of the game being played.

Related Posts:

CES 2013:  Samsung 4K TV: If We Build It, Content Will Come

Samsung rolled out the world’s largest 4K ultra-high definition TV (UHD TV) Monday at CES 2013, offering four times the resolution of 1080p high-definition d… Video Rating: 5 / 5

Related Posts:

Question by Tori Kutenai: Should i buy a Samsung Galaxy Player or should i wait until the next generation iPod touch if it will come out? I want to buy the samsung galaxy player but should i wait until apple releases the iPod Touch 5G? I don’t even know if they will but assuming they do, would it be better to wait until iPod Touch 5G comes out and compare that to the Samsung Galaxy Player? Or is it no doubt that the new iPod Touch would not be any better than the samsung galaxy player that don’t need wait until then and buy the galaxy player now instead?

Best answer:

Answer by Davidim having the same problem

Give your answer to this question below!

Related Posts:

Question by Marko: How come apple only sells the iPad 2 when the newest iPad is the 4(other than the mini) ? I got a iPad 2 for Christmas and it was the only one available at the apple store, how come I hear the newest iPad is the 4 when apple only sells the iPad 2 and the mini on their website and in their stores?

Best answer:

Answer by AndrewIt’s not that they only sell the iPad 2, It’s that it’s cheaper and probably the only one available in time

Know better? Leave your own answer in the comments!

Related Posts:

gallery

Apple is a unique company in that even if you break down its individual lines of business and view them as distinct from the whole, it can still be regarded as immensely successful in a number of different areas. As a hardware company, it’s a success; as a software and services provider, it’s a success; and as a retail chain, it’s a success. And Apple’s physical retail presence shows such steady upwards growth that it, rather than any product, could be the site of the company’s greatest innovation over the next few years.

Speaking at a Goldman Sachs investor conference on Tuesday, Cook went into detail about Apple’s retail plans, addressing the growth and success of the company’s stores, as well as plans for expansion and changes to their deployment strategy for 2013. Asymco’s Horace Dediu visualized the numbers shared, charting the progress of key metrics like store openings, store visitors international distribution and more in a blog post yesterday.

One of the most important metrics Dediu tracked is depicted in the graph representing store visitors vs. stores open. After initially expanding their physical presence more quickly, and averaging fewer visitors, attendance quickly cut up and for the past two years, stores have been averaging around 1 million for every location open. Apple’s strategy this year involves not only opening new locations, but closing existing ones and replacing them with larger outlets, which should make for an even higher visitor-to-store ratio in the future if trends continue.

In terms of money invested in Apple’s retail efforts, we see a trend that could result in much more of the kind of innovation I alluded to earlier. The Asymco chart for spend on “Property, Plant and Equipment” shows a huge recent spike in money committed to “machinery, equipment, and internal use software,” as opposed to normal, steady growth for land, buildings and improvements to said facilities.

Since late 2009 when we begin to see the curve start to trend upwards more sharply, Apple has introduced its own iPod touch-based check out and inventory system (replacing a legacy version based on Windows CE hardware), moved to iPad-based information consoles, changed the structure of its stores to de-emphasize checkout and highlight Genius and One-to-One customer interaction, launched self-serve EasyPay shopping for customers, introduced in-store pickup, and just generally changed the way the world thinks about brick-and-mortar stores. No big deal.

Remember too that Apple’s retail leadership has been somewhat in turmoil recently. Apple’s SVP of Retail Operations Ron Johnson, largely credited with much of the retail division’s creation and success, left the company back in June of 2011. A search for his replacement ultimately resulted in the controversial hiring of Dixons CEO John Browett in January 2012, after a six-month search. Finally, John Browett was dismissed from that role in October 2012, after less than a year on the job. Apple is still looking for a replacement for Browett.

Apple is making commerce more invisible, and yet winning more shopper dollars.

It may seem like lack of a clearly defined top man in retail would lead to uncertainty, but Apple Retail had its best year ever in 2012 amid all these shakeups, and CEO Tim Cook said that the retail locations in particular have helped the iPad enjoy its runaway success since launching in 2010.

Cook talked about the label of “retail” not being sufficient to describe what Apple is building with its stores, and more and more, that’s becoming true. Just like the company tries to hide elements like the file system in iOS, or deliver CE devices that aren’t upgradeable or modular, opting instead for a smooth, appealing and user-friendly outward appearance, it’s also taking commerce out of the store experience as much as possible. And yet as a reward it’s winning more customer dollars.

You can measure innovation in terms of a revolutionary new smartphone, or a dramatically different PC design, or you can measure it in the aggregate effect of a sustained effort to change an age-old practice. Apple’s retail efforts are the latter kind, and its spending patterns suggest there’s plenty more of that to come.

Related Posts:

Question by rileybugsmom: Does anyone know if Nintendo Wii is going to come out with something like the Kinect for Xbox? Does any know if the Wii will come out with something to compet with the Kinect? I love nintendo and dont want to get an Xbox but my daughter really wants a Kinect..

Best answer:

Answer by some name tbaNo they wont wii was already revolutionary. that’s why xbox made kinect and PlayStation emulated the wii with PlayStation move.

What do you think? Answer below!

Incoming search terms:
  • when will the nintendo wii come out
Related Posts:

Sony's Ultra High Definition TV will come with world's first 4K delivery system

If there’s $ 25,000 or so burning a hole in your pocket and room in your living room for Sony’s 84-inch XBR-84X900 Ultra HDTV, but you’re worried about a lack of 4K res content to play on it, allows us to put your mind at ease. Sony’s Ray Hartjen has picked up the blogging pen and revealed each of the supersized sets will ship with “the world’s first 4K Ultra HD delivery solution, complete with pre-loaded, native 4K entertainment.” There’s no specifics on what the pack-in content will be (or what form the “delivery system” will take), but he says it will include full length feature Hollywood productions exclusive to purchasers, probably courtesy of Sony Pictures. We’re told to expect more details after Turkey day, so stay tuned.

Filed under: , , ,

Sony’s Ultra High Definition TV will come with world’s first 4K delivery system originally appeared on Engadget on Mon, 19 Nov 2012 22:19:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceThe Sony Blog  | Email this | Comments

Related Posts:

Question by sherlockholmesjr: Would a “spec” for a robotic system come from a composite of virtual robotics systems ? Why not USE that? composite to help set to work the robotics system ? Why not connect real equipment to a composite of the virtual systems ?

Best answer:

Answer by Think TankIn simple terms the on off switches that make motors move, will enable the movement of the robot, so a robots degrees of freedom are more about mechanics than virtual programming. But I don’t know what the composite of the virtual system is.

Add your own answer in the comments!

Related Posts: