LG’s smartphones have snatched the second place from Apple Inc. (NASDAQ:AAPL) after posting huge sales in US handset market. LG’s Optimus G passed 1 million sales previous week, touching its peak after low sales earlier after its global launch in October.
Samsung continued to maintain the top slot with 33 per cent, whereas Motorola and HTC stands at 9 per cent and 8 per cent respectively. The Korean firm is making high profits in US reported by Counterpoint Research.
The research firm also reported that high sales of LG handsets during December saw its share alone in the US to rise to 13 per cent for all mobile devices. In comparison Apple is standing at 12 per cent,The Yonhap said.
LG spokesperson in response commented that LG’s latest Optimus G and other latest smartphones have gained popularity in U.S. especially North American market.
Counterpoint Research also mentioned that LG previously lost its second spot in the U.S. market in the 3rd quarter of 2011 due to launch of the Apple’s iPhone 4S.However, it isn’t clear that which of the LG handsets performed best in December.
Although LG mentioned that its Optimus G sales were high but didn’t said anything in its statement about Google’s Nexus 4, built by LG. The sales in U.S market by LG combine both featured smartphones and also ordinary feature phones. On the other hand Apple Inc. (NASDAQ:AAPL) do not possess much variety in this regard and the notable is only iPhone.
Additionally one month sales of December also do not give us a true picture as compared to quarter to quarter basis and the month of sales also includes the Christmas buying period.
LG’s will release its 4th quarter earnings on Wednesday, January 30. That will give true picture of LG’s sales. LG’s 3rd quarter saw revenue dropped by 4 per cent in 2011 but the firm posted 3rd consecutive quarter with positive income and net profit of 157 billion won ($138.5 million).
The iPhone and iPad maker Apple Inc. (NASDAQ:AAPL) will release its fiscal first quarter earnings on 23 January. It is expected that the firm will post a 3 percent year-over-year decline.
However other analysts think that Apple’s earnings would rise by 4 percent.