LG Electronics has reported its earnings for Q3 2012, notching its third straight quarter of positive income with a net profit of 157 billion won ($138.57 million) and “solid” performances from its home theater and mobile businesses. Revenue is down from the same period last year, but seeing as it’s actually making money this time around it’s probably still reason to celebrate. On the mobile side of the aisle it reports an operating profit of $19.42 million with slightly higher sales than Q2, mostly thanks to those LTE smartphones it’s been rolling out. Its home entertainment biz noted a rise in LCD sales, with 3D TVs and LED-lit models growing from last quarter in most markets. Looking towards the future it’s obviously going all-in on the Optimus G (although our interests run towards the Nexus G that should debut next week), and also looks for its Ultra HD television to raise its standing as a premium brand.
Samsung has provided investors guidance ahead of its full Q3 earnings report that’s due before October 26th, and as has been the custom, the numbers are huge. It’s expecting a fourth straight record quarter with overall operating profit of 8.1 trillion won ($7.28 billion), an amount that would more than double last year’s results for the same period and clear Q2s $5.86 billion, all on sales of 52 trillion won ($46 billion). We’ll have to wait for the full report to see numbers broken down by department, but it’s safe to say that there’s a lot of Galaxy S IIIs (it ticked past 20 million last month) adding up to reach that pinnacle. Reuters and Bloomberg have predictions from various analysts on how many handsets, RAM chips and flat-panel HDTVs were sold, but if its legal battle with Apple ends in the worst-case scenario, at least we figure Samsung will have enough left over to keep the lights on.
Logitech’s Q3 earnings for the 2012 fiscal year don’t have many surprises since the company already revealed it was dropping out of the Google TV team. In prepared remarks, company management confirmed it is completely sold out of new units, closing the door on any users still trying to nab a $99 Revue (who shouldn’t be too heartbroken, since Vizio is promising a second gen unit is on the way at the same price). There is promise however, if you’re looking for a new Harmony remote model, while interim CEO Guerrino De Luca says the company is late in providing a successor to the best selling Harmony One and other models, resulting in a 30 percent drop in sales, it plans to strengthen the lineup “in the coming months.” In other segments, it’s seeing growth in those iPad accessory keyboards, for more details check the press release embedded after the break or in the PDFs linked below.
Google announces Q3 earnings: $9.72 billion in revenue, $2.73 billion net income, 40 million Google+ users
Update: During the company’s earnings call, CEO Larry Page confirmed that there’s now 190 million Android phones activated around the world, and 200 million users of the Chrome web browser (although it’s not clear how many of those are active users). Page also took a moment to post his remarks to Google+ during the call.
We weren’t actually allowed to get our hands on Samsung’s 22-inch Transparent BLU LCD TV — the showcase was accompanied by a “Do not touch” label — but we were able to get our first in-the-flesh look at the see-through display at SID this week. According to Sammy’s rep, the monitors, which can operate with or without a backlight, will start shipping to manufacturers as soon as this week, but consumers will have to wait until Q3 to get their hands on one. While our hands remained mostly at our sides during our little meeting, we did sneak them behind the display to see just how transparent these things are. Sure enough, we could see our phalanges wiggling quite clearly through the ghostly panel. When the backlight was flipped on, the screen became a touch more opaque, but didn’t fully obstruct the view of the potted plants lurking in the background. For now, the screens are focused on the commercial market — specifically advertising — but we wouldn’t mind adding one of these things to our living room. Hop on past the break for a little video love.
As for Windows Phone, Microsoft unfortunately isn’t providing much in the way of specifics — on its earnings call, it only went as far as to say that “product reviews are good” and “customer satisfaction is high,” and that developer interest has increased following its announcement of the Nokia partnership. It was unsurprisingly a bit more eager to divulge specifics for its gaming business, though, and revealed that it sold 2.4 million Kinect sensors in Q3, along with 2.7 million Xbox 360 consoles — the latter of which is a new third quarter record for the company.