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LG Electronics Quarterly Profit Misses Estimates on Phone Loss

LG Electronics Quarterly Profit Misses Estimates on Phone Loss
News from Bloomberg:

LG Electronics Inc. (066570), the world’s fourth-largest mobile-phone maker, reported profit that missed analysts’ estimates after sales of its handsets lagged behind models from Samsung Electronics Co. and Apple (AAPL) Inc.

Net income rose 47 percent to 159 billion won ($ 138 million) in the three months ended June 30, Seoul-based LG said in a statement today. The average of 23 analysts’ estimates compiled by Bloomberg was for a profit of 278.8 billion won. Second-quarter sales totaled 12.9 trillion won, also lagging behind estimates.

LG, overtaken by Apple as the wor…………… continues on Bloomberg

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Cellular Country Now Selling Refurbished LG Dare Phones
News from Virtual-Strategy Magazine:

Cellular Country has announced its latest addition for the coming month of August; the new cell phone is the LG Dare.

Miami, FL (PRWEB) July 24, 2012

Cellular Country has announced its latest addition for the coming month of August; the new cell phone is the LG Dare. The addition of the Dare seeks to help Cellular Country increase its market share. The company is aggressively marketing its cell phone brands and models. With the addition of a new affordable cell phone, Cellular Country aims to develop a longer relationship with their customers.
The Dare that Cellular Country offers sells for an affordable $ 114.99. The low price helps keep loyal customers and attract new customers. Cellular Country has been known for selling high quality LG phones at an affordable price. The low prices have kept the company’s competition at bay and have helped the company reach its prominent position at the top of the cell phone retail industry.
It comes as no surprise as to why Cellular Country chose the Dare among its latest additions. The Dare comes with…………… continues on Virtual-Strategy Magazine

… Read the full article

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LG GT550 Encore Unlocked Phone with 3MP Camera, GPS, 3G Support and Touch Screen – US Warranty – Black
The LG Encore weighs 3.7 ounces and measures 4.17 x 2.10 x 0.47 inches. Its 950 mAh lithium-ion battery is rated at up to 3 hours …

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