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LG rise continues, breaks its Q3 records with ease

21 October, 2009 | Read the news | Post your comment
LG rise continues, breaks its Q3 records with ease  - read the full textAnother particularly successful company in the third quarter 2009 has announced its financial results today. LG have recorded their highest-ever revenue and profit for this period of the year. Their consolidated revenue rose by 15.7 percent compared to last year, reaching 11.2 billion US...

 

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I bought lg arena too, and i think this is the most stupid thing that I have ever done......

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  • 2009-10-27 15:16
  • n9@4

Great done LG! Keeping up your good work! I will always support u.

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  • 2009-10-27 12:26
  • uCmD

keep this momentum continue.......and get d top rank.....

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  • 2009-10-25 17:22
  • wiR4

i bought a lg arena thinking it was the best phone you could buy but i was wrong nothing on the phone works as it should do the firmware updates dont make it any better

if any body was thinking of buying a arena stay clear untill lg sort it out but i dont think they will

  • Reply
  • 2009-10-23 21:39
  • 3GxJ

LG is the best!

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  • 2009-10-22 19:58
  • 39mg

loved the Prada...would love to see some similar collaborations.

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  • 2009-10-22 13:37
  • tVH5

well done...lg keep it up...cheers

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  • 2009-10-22 12:10
  • tVj%

well done LG you really deserve it. i m using ur phone arena. that is really very good phone. i wish u more growth and good market share.

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  • 2009-10-22 10:39
  • Trmu

c'mon guys...the numbers speak for themselves. be open minded!

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  • 2009-10-22 10:12
  • uC40

Me too, even if Nokia phones are plasticky in build i can't help but like their products. But LGproducts are good looking and stylish.

Samsung phones are all same looking especially the budget types.

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  • 2009-10-22 08:09
  • t7Es

nice to here, it's so fast moving company n vry concerned abt quality. i'm happy to use viewty n arena... services is vry fast n relible...

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  • 2009-10-22 05:24
  • P}vn

Life is certainly lookin' good for LG.

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  • 2009-10-22 05:08
  • keqS

excellent result LG !! A manufacturer who actually listens to the public and creates phones with style AND substance!!

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  • 2009-10-22 00:38
  • U2VW

After 13 years (yes, 13 !!) I've switched from high end Sony-Ericsson phones (formerly Ericsson phones) I switched to high-end LG phone (Renoir). I'm afraid I'll never switch back.

Way to go, LG. Good luck.

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  • 2009-10-21 23:24
  • nuxv

rising or going down, you won't see these guys hungry. it must be cool at the end of the year to draw the line and say: "we made 10 billion dollars profit this year... let's go shoping"

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  • 2009-10-21 22:50
  • pk{7

> In reply to Anonymous @ 2009-10-21 19:34 from ucvu - click to readAgreed totally.

I think samsung are doing quite well recently...they are bombarding the market with new phones. Combine this with new models from the king Nokia who too are came up with a bunch of touchscreen smartfones. True that there is lack of products from SE and Motorola, but the competition from samsung and nokia cannot be ignored. Under these circumstances if LG has earned 37% more profits, then it really deserves an applaud.

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  • 2009-10-21 21:10
  • vQfW

LG has been the true innovators in the industry coming out with two finger touch UI (Prada I), lowest cost touch screen phone with Cookie, the first social networking QWERTY device with KS360, first 3G watch phone, etc.. LG really deserves the success.
I can't say the same for Samsung where they achieved #2 position by copying every other mobile manufacturer and buying market share by giving huge rebates to retailers and operators.

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  • 2009-10-21 20:44
  • MZb%

Too bad, LG. I'm more attracted to so-called plastic Nokias.

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  • 2009-10-21 20:29
  • tWih

No big deal with LG's 11% of market share despite launching so many phone models. LG and Samsung are just benefiting from the decline and lack of product launches from SE and Motorola. Motorola depended on only the model RAZR to make a dent on Nokia's market share in 2004 achieving over 22% world market share, pushing Nokia down to 32%. It is only natural that demand for LG and Samsung phones will be higher in the absence of the other 2 major brands, coupled with Apple's exclusivity of the iPhone to specific carriers only is making consumers go for their touch-screen phones.

When the rest of the competition has bucked up, I doubt LG and Samsung can keep up with this momentum for long.

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  • 2009-10-21 19:34
  • ucvu

well done LG...
on the Rise indeed

  • Reply
  • 2009-10-21 18:49
  • SbDP

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