LG disappointed by sales of flagship smartphone

LG disappointed by sales of flagship smartphone

7 years ago
Anonymous $V7g1X9rE3i

https://arstechnica.com/gadgets/2017/07/lg-disappointed-by-sales-of-flagship-smartphone/

Another year, another proclamation from LG that its flagship smartphone isn't selling as well as expected. Last year it was the LG G5, when the company blamed a bad quarter on "weak sales of [the] G5." The year before that, it was the LG G4, which had sales that "fell short of expectations." This year it's the LG G6—in its latest earnings report, LG blamed the "challenging" quarter on “weaker than expected premium smartphone sales and increase in component costs.”

As a whole, LG is doing fine, with the company reporting that "three of the company’s four main business units reported higher revenues than a year ago." Home Appliances, Home Entertainment, and Vehicle components are the three seeing improvements, while the mobile division is lagging behind.

LG disappointed by sales of flagship smartphone

Aug 1, 2017, 9:37pm UTC
https://arstechnica.com/gadgets/2017/07/lg-disappointed-by-sales-of-flagship-smartphone/ >Another year, another proclamation from LG that its flagship smartphone isn't selling as well as expected. Last year it was the LG G5, when the company blamed a bad quarter on "weak sales of [the] G5." The year before that, it was the LG G4, which had sales that "fell short of expectations." This year it's the LG G6—in its latest earnings report, LG blamed the "challenging" quarter on “weaker than expected premium smartphone sales and increase in component costs.” >As a whole, LG is doing fine, with the company reporting that "three of the company’s four main business units reported higher revenues than a year ago." Home Appliances, Home Entertainment, and Vehicle components are the three seeing improvements, while the mobile division is lagging behind.