LG posts Q4 results, 2010 profit down 93 percent, cellphone sales down 15 percent
January 27, 2011 No Comment
Nokia isn’t the only one with bad news today . LG has posted its Q4 results and is taking this time to look back on what can only be described as a dismal 2010 overall. Fourth-quarter revenues were up 9.4 percent over the third quarter, but still resulted in a 246.4 billion won loss — that’s about $226.3 million. LG Home Entertainment sales were actually up almost 16 percent but still posted a loss thanks to cut prices and stiff competition. LG Mobile, meanwhile, saw an eight percent increase in sales over previous quarter, thanks to “strong” performance of phones like the Optimus One , but compared to 2009 sales are down 14.7 percent, a 15.2 percent drop for handsets alone. Looking for some cooler news? Air conditioning sales are up 50 percent! LG posts Q4 results, 2010 profit down 93 percent, cellphone sales down 15 percent originally appeared on Engadget on Thu, 27 Jan 2011 09:43:00 EDT. Please see our terms for use of feeds . Permalink
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What a difference a shellacking makes . . . Just after Barack Obama won the White House in 2008, Time photoshopped him into an iconic FDR photo at the wheel of a convertible, jaunty cigarette-holder in mouth. Obama was riding high as the champion of the left, the promise and personification of a born-again big-government New Deal. That was then, this is the 9+% unemployment, recent-shellacking now. So with which president does Time now find it in the president's interest to be associated? Why, Ronald Reagan, of course.
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Image credit: Seedy Sunday I guess spring really is on its way. From collecting fruit tree scions to community-run seed libraries to seed libraries in libraries , biodiversity in the garden seems to be a hot topic right now. I’ve just come across a story about what might just be the mother of all seed… Read the full story on TreeHugger
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Image credit: HundredYearFilms Matt posted before about farmers shunning tractors and embracing the horse . With manure becoming a valuable commodity , and the cost of producing oil creeping up , it’s good to know that farming with horses is not entirely dead. In f… Read the full story on TreeHugger
Continue reading …JVC’s RD-R1 and RD-R2 boomboxes bring stereo recording capabilities, the studio to the streets
January 27, 2011 No Comment
Are you looking for a smaller, less conspicuous means to listen to your jams and a way to record your freestyle battles? JVC has you covered with its new RD-R1 and RD-R2 compact boomboxes that weigh a scant 450 grams (one pound, for those using Americanized measurements). The devices come equipped with dual omni-directional mics and a microSD slot (with an included 2GB card) to record your rhymes at bitrates up to 192Kbps. Both models also have five-second countdown and clapper-style start functionality — so you have time to get your ‘Vogue’ on and strike a pose before the music starts. Additionally, the RD-R2 adds a metronome feature and a 6.3mm mono jack for those who want to add an electric guitar to the mix. JVC hasn’t released the price for the RD-R1, but with the higher-end R2 model retailing for
Continue reading …The global Muslim population will grow at twice the rate of non-Muslims over the next 20 years, according to a new analysis of demographic trends from the Pew Research Center and the John Templeton Foundation. In the US, the Muslim population is on pace to more than double, from 2….
Continue reading …Sarah Palin, not surprisingly, wasn’t a fan of President Obama’s State of the Union address . She joked with Greta Van Susteren last night that his theme “was the WTF, you know, winning the future ,” which was appropriate because “there were a lot of WTF moments throughout that speech.” Specifically, she…
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By GEOFFREY T. SMITH Michel Euler/Associated Press French President Nicolas Sarkozy delivered his address at the World Economic Forum in Davos, Switzerland, Thursday. DAVOS, Switzerland—Global monetary imbalances could still cause another disaster for the world economy if they aren’t addressed, French President Nicolas Sarkozy warned Thursday. In an address to the World Economic Forum, Mr. Sarkozy said that monetary imbalances “have risen five-fold in recent years … and could bring down…
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Protestors are putting pressure on governments across the Arab world – demanding changes in leadership and policies. In Yemen, tens of thousands of people marched in the capital, Sanaa. Opposition groups are calling for the president to stand down, after more than three decades in power. Al Jazeera’s Caroline Malone reports on the developments in Yemen.
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A second HTC phone to escape the netherworld of disputed renders has just been discovered. This touchscreen slate for Verizon lacking a front-side camera was last seen in the Pocketnow leak but is now snuggled up with a Harrods bear in a Chinese user forum. How cozy. Better yet, we’ve now got a view of the Droid-Incrediblish backside showing a dual-LED flash. Again, no detail to confirm but we’ll bet it’s announced with Android at a Mobile World Congress press event in February. [Thanks, LIMIX] Continue reading HTC’s buttonless slate spotted in the furry wilds HTC’s buttonless slate spotted in the furry wilds originally appeared on Engadget on Thu, 27 Jan 2011 09:01:00 EDT. Please see our terms for use of feeds . Permalink
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