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LG's quarterly earnings downgraded, citing weak G4 shipments

LG's quarterly earnings downgraded, citing weak G4 shipments

Posted: 23 Jun 2015, 06:52, by Daniel P.

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Tags : T-Mobile -T-Mobile + AT&T -AT&T + Verizon -Verizon + Sprint -Sprint + LG -LG + Android -Android +

LG's quarterly earnings downgraded, citing weak G4 shipments

Korean business analysts are slashing their estimates for LG's quarterly profit left and right, it seems. The Daishin Securities firm has decreased the operating profit forecast for LG Mobiles Division to $50.7 million from $92.3 million, and Korea Investment & Securities lowered theirs to $61 million from $104 million.

This is quite the steep drop, considering that LG made $66 million in the first quarter, when the G4 wasn't even on sale. It's precisely the performance of the G4 that prompted the analysts to cut their lofty expectations for 8-12 million LG flagships sold this year. Given that so far the shipments have totalled 2.5 million G4 handsets only, LG will have a steep climb if it wants to actually sell at least that much in each subsequent quarter against a rising competition.

source: BusinessKorea

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posted on 23 Jun 2015, 07:08 10

1. Saioofi (Posts: 286; Member since: 23 May 2014)

The only revolutionary thing about it is the camera, which is not THAT revolutionary

posted on 23 Jun 2015, 09:18 1

18. waddup121 (unregistered)

hmmm I see

posted on 23 Jun 2015, 07:39 3

6. j2001m (Posts: 3005; Member since: 28 Apr 2014)

Sorry but this year, they do not have an s5 to deal with, but an all new supper fast , best looking phone of all time and got a better auto mode cam phone called the s6 edge, looks like Samsung was right to remove the sd card reader for the ufs 2.0 (ufs does not work with sd card reader) for speed and go for the no removalable battery root for looks, if this was not the case then lg will have had G3 type sales, as it also very cheap to buy and with many free things included in the usa

posted on 23 Jun 2015, 07:55 5

8. hasapi (Posts: 5; Member since: 05 May 2015)

I was criticised on this site for trashing the design if the G4, especially its thickness, to nearly 10mm. I have a G3 so i am a fan of LG but i think they have underestimated samsung and apple designs for top end phones. It reminds me of the cumbersome Nexus 6 a good phone that also did not sell. Plastic doesnt cut it for flagships.

posted on 23 Jun 2015, 09:20

21. jmonteiro829 (Posts: 216; Member since: 13 Feb 2012)

You don't feel the thickness unless you are holding it with 2 fingers directly in the middle of the phone. The edges are very slim and make the phone feel like it is thin when holding it. Also the fact that it is curved make if fit nicely in the hand.

posted on 23 Jun 2015, 08:03 7

9. may_czos (Posts: 847; Member since: 22 Nov 2014)

G4 is too big, too slow (GPU), has too short battery life, display is too cold and also too power hungry - it automatically reduces brightness after less than a minute! And you can't do anything about it!

posted on 23 Jun 2015, 16:05

31. zachki17 (Posts: 287; Member since: 14 Sep 2014)

https://youtu.be/_f5AiUsH6zc ok watch this video and tell me wich GPu is faster G4 orGS6
For your information samsung always cheat on tthe benchmarks. No one can beat Qualcomm Cpu Or the adreno ,, the gpu of the g4 adreno 418 is little bit slower then the adreno 430 but it cant handlee alll heavy games without ani overheat or slowing down .. And the s808 is the most optimized cpu .. No phone in the market can beat the g4

posted on 23 Jun 2015, 23:31

39. kamejoko (Posts: 227; Member since: 10 Nov 2011)

Haah. easy cheat. Only reduce resolution G4 to FullHD and every run well. G3 easy can do too. ^^. adreno 418. with all benchmark will show real perfomace.

posted on 23 Jun 2015, 08:26 1

11. rifat44 (Posts: 49; Member since: 29 Apr 2015)

I thought it would sell well because of Qualcomm Snapdragon 808 which does not overheats, just give it some months it's sell will increase and Sony and HTC flagships sell will decrease........ It's a logic no one will buy a hot phone like HTC One M9 and Xperia Z4/Z3+

posted on 23 Jun 2015, 08:48 1

12. Arthurhkt (Posts: 582; Member since: 19 Apr 2012)

And.... what kind of logic is yours?

posted on 23 Jun 2015, 08:51

14. maherk (Posts: 4849; Member since: 10 Feb 2012)

Flash news, the 808 does overheat and sucks up the juice out of the G4's battery.
People are losing almost 5% of battery life for 10 minutes of usage.

posted on 23 Jun 2015, 13:42

29. mostafawael.1998 (Posts: 240; Member since: 01 Oct 2014)

The SoC has a lot of work to do, specially GPU wise.
But it is not only that, but GSMArena reported a higher than normal drain when the phone is in standby. So it is software related ?

posted on 23 Jun 2015, 22:01

36. kbreeze415 (Posts: 24; Member since: 21 Jul 2012)

I don't know what gsm arena's issue was with standby but I get great standby time and so has other reviews that I have seen. I work 12 hour shifts overnight and I can easily get through a whole shift and then some before having to plug in the charger and that is with moderate use. I think some people ended up with buggy units because I haven't experienced the touchscreen issue either. I think it is a decent phone overall but could've been a little better.

posted on 23 Jun 2015, 08:55 1

15. BillyBoy (Posts: 41; Member since: 01 Jul 2013)

LG G3 still at Android 5.0. My first and last LG.

posted on 23 Jun 2015, 22:20

38. yoosufmuneer (Posts: 1518; Member since: 14 Feb 2015)

Have you know anything called Cyanogenmod? Root it, Flash CM. You are good to go. Check for tutorials on youtube.

posted on 24 Jun 2015, 13:04

40. thunder18 (Posts: 140; Member since: 06 Aug 2009)

That's your carrier's fault then. Mine is on 5.1. You can't always blame the manufacturer for that if the carrier chooses not to push the update.

posted on 23 Jun 2015, 10:21 1

25. Tycoon (Posts: 28; Member since: 10 Nov 2010)

I actually tried the G4 and overall, I like the way it feels in hand, especially with the leather back. Right now, 5.5" is probably my sweet spot. On the G4, the thickness that is listed on sites may make one think that it's extra thick but it's actually great in hand (I have the Note 4 and even though it's listed as being thinner, the G4 feels thinner in hand). Nevertheless, I am sending the G4 back today for the following reasons:

*It's not as fast as I would have have liked (808 vs 805 on the Note 4). Can take a moment or two for it to open an app, etc.
*LG didn't keep the silent mode like HTC and Samsung did.
*Even in vibrate mode, the notifications didn't always blink (while plugged up).
*I had to press several times (sometimes) to get the screen to register my presses.
*For some reason, in one day, it changed my Swiftkey keyboard back to the stock one.
*I don't particularly care for the fact that the on-screen buttons eats into the 5.5" screen. You can make sure that it hides itself on certain apps, but it can be hard to get the on-screen buttons to show themselves again (have to swipe up and sometimes, it doesn't register the swipe... probably would be better if I could make the buttons show again by having a little 'hamburger' menu off so the side).

I'm sure software updates will fix some of these issues, but I'm not willing to be unhappy til those possible fixes materialize.

posted on 23 Jun 2015, 10:48

26. TezzaBP (Posts: 274; Member since: 18 May 2015)

Again, the iPhone gets a free pass on something while another phone gets shunned for the same thing

posted on 23 Jun 2015, 10:50

27. TezzaBP (Posts: 274; Member since: 18 May 2015)

nevermind

posted on 23 Jun 2015, 12:35 3

28. theBankRobber (Posts: 682; Member since: 22 Sep 2011)

Not sure what the big issue is. My G4 has been nothing but great. I don't have slow downs or weak gpu problems as others have stated. The camera has been great with pictures and the videos I recorded in UHD have turned out really impressive. I came from the G2 and find this phone to be a huge upgrade, my opinion. The display is very nice and find watching movies to be stunning. I can say the battery does not last as long as my G2 but I got a free battery and charger that comes in handy, especially since the G2 had a built in battery. The other big improvement for me is the sd card slot whoch the G2 was also missing. Can't beat having a 128gb card installed. With that being said it's what I love about the phone and find it a hige upgrade from the G2. I can't compare to the G3 as I have never owned it.

posted on 23 Jun 2015, 15:40

30. JadeMoon (Posts: 104; Member since: 12 Aug 2012)

I refused to buy one. I went from an LG G3 to a Samsung Galaxy Note 4 and the difference is unbelievable. I will NEVER go back to LG phones again. LG anything actually. I had other bad experiences with their electronics and their "customer service" or lack there of. LG NEVER puts the customer first. Its always about the all mighty $.

posted on 23 Jun 2015, 19:15

32. fyahking (Posts: 963; Member since: 28 Jan 2015)

It's the slow dragon that's bringing them down.

posted on 23 Jun 2015, 20:19

34. Af1rPA (Posts: 711; Member since: 12 Jun 2014)

Well maybe if they released the damn thing in all markets around the world. We're still waiting for it here in Australia!

posted on 24 Jun 2015, 18:36

41. JadeMoon (Posts: 104; Member since: 12 Aug 2012)

Trust me your not missing anything.

posted on 25 Jun 2015, 07:19

42. shnibz (Posts: 390; Member since: 18 Sep 2011)

That's sucks because this G4 is very easily the best phone I've ever had. And I've had a good bit, 11 smartphones to date

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