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LG Nitro HD owners, you’ve been blessed with Android 4.0

LG Nitro HD owners, you’ve been blessed with Android 4.0
News from Digitaltrends.com:

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LG announces second quarter April-June 2012 financial results
News from Pakistan Daily Times:

LG announces second quarter April-June 2012 financial results

Staff Report

KARACHI: LG Electronics (LG) reported a 46 percent increase in net profits for the second quarter of 2012 versus the same period a year ago. Despite the continuing recessionary conditions, LG’s operating profit in the most recent quarter increased significantly year-over-year.

Stronger performance in home entertainment and home appliances compared to the second quarter last year helped offset profit declines in LG’s mobile business.

Due to a combination of more premium products, strategic focus on developing markets and aggressive cost reductions, second-quarter net profit increased 46 percent year-over-year to $ 138.02 million while operating profit more than doubled to $ 302.95 million from the same period last year. Revenues, while 5.2 percent higher than in the first quarter, declined from last year’s second quarter by 10.6 percent to $ 11.16 billion due to declining feature phone sales and weak demand for IT products.

LG Home Entertainment Company posted significantly improved operating profit in the quarter compared to the same period in 2011. Due in large part to an increase in sales of more premium products and improved supply chain management, operating profit more than doubled to $ 187.5 million year-over-…………… continues on Pakistan Daily Times

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