LG Posts Record Handset Loss on IPhone, Smartphones – BusinessWeek:
“LG Electronics Inc., the world’s third-biggest mobile-phone maker, reported a record loss at its handset business after lagging behind Apple Inc. and smartphone makers in selling models that send e-mails and surf the Internet.”
Gruber adds:
This shows the folly of thinking “market share” is a primary concern. LG sold over 30 million handsets in the quarter — up 2 percent over last year — but lost money because most of them were cheap low-profit models.
Word must have gotten out that @Schultzter is using a XENON. Well… he’s trying to use it!
Comments
One response to “LG Posts Record Handset Loss”
I'm flattered you think my using a Xenon would increase LG's sales by 2% worldwide!