Lackluster sales of LG G5 shoulder part of the blame for LG’s $224M quarterly loss

LG G5 Friends
LG has had a tough few months. The G5 did not live up to the company’s expectations of success, and the latest quarterly results are seriously disappointing — the company just announced a $223.98 million net loss for the fourth quarter of 2016, and that loss is largely due to another lackluster quarter from the company’s mobile division.

The loss is a serious step back for the company, which reported pretty hefty profits in the fourth quarter of 2015, only one year earlier. In that quarter, the company reported a massive $12.79 billion in profit.

LG largely blamed the mobile division for the loss, as well as lackluster performance from its auto components unit.

So why did the mobile division perform so badly? Simple — LG took a risk, and it did not pay off. The LG G5, which was LG’s flagship phone for 2016, offered a bold, new modular design that gave users the ability to swap out part of the phone for new modules. The system was interesting, but it was also largely cumbersome, especially compared to other modular systems like Motorola’s Moto Mods.

According to most rumors, the G6 will take a different approach — which certainly makes sense. The G6 will most likely be launched at Mobile World Congress at the end of February, and will feature an edge-to-edge display, and do away with the frustrating modular system.

Still, the quarter wasn’t as bad as it could have been. LG said that it has seen “strong sales” of the LG V20, which also offers flagship specs and was launched in October. Not only that, but 2017 could be a much better year for LG. Apart from the aforementioned G6, LG is working with Chevrolet on its upcoming electric car, so the automotive division could do better as well.

Product Review

Sony's Xperia 10 falls frustratingly short of budget brilliance

Better know for premium products, Sony does also have a budget smartphone range, but can the Sony Xperia 10 compete with great cheap phones from Nokia and Motorola? We put it through its paces to find out how it measures up.
Home Theater

2019 LG OLED TVs with AirPlay 2, HomeKit support coming in April

LG has revealed the prices and release dates of the first batch of 2019 OLED TVs with A.I. ThinQ. The new W9 wallpaper OLED TVs will arrive in June, while the E9 and C9 OLED TVs will start rolling out in April.
Computing

New fire and burn reports spur expansion of HP’s laptop battery recall

New reports of fire and burn hazards have resulted in the expansion of an existing product recall involving HP laptop batteries. The U.S Consumer Product Safety Commission issued its own announcement of the expansion earlier this week.
Mobile

T-Mobile, unlocked Galaxy Note 9 phones finally getting Android Pie update

Android 9.0 Pie has been released. But is your phone getting Android 9.0 Pie, and if so, when? We've done the hard work and asked every device manufacturer to see when their devices would be getting the update.
Mobile

iPad Air vs. iPad Mini: Which new tablet from Apple is best for you?

Apple has unveiled two new iPad models, including a new iPad Air and a new iPad Mini. Both devices have a lot to offer. But which iPad is right for your needs? We put the iPad Air and iPad Mini to the test to find out.
Deals

The best Apple AirPods alternatives for Android, Windows, and iOS devices

Apple AirPods, nice as they are, aren't the only game in town. Other makers are offering their own truly wireless earbuds, and if you're looking to buy a pair of high-end in-ear headphones, we've got the best AirPod alternatives on the…
Mobile

Even older Apple Watches could be effective at spotting heart conditions

The Apple Watch Series 4 is known for detecting heart conditions like atrial fibrillation thanks to having an electrocardiograph feature. It turns out that older Apple Watches could be effective at tracking AFib, too.
Mobile

The Black Shark 2’s Ludicrous Mode promises the smoothest mobile gaming

Xiaomi-backed Black Shark has a follow-up to last year's Black Shark gaming phone, complete with high specs and a low price. Here's everything we know about the Black Shark 2 gaming phone.
Deals

Need a new tablet? Here are the best iPad deals for March 2019

In the wide world of tablets, Apple is still the king. If you're on team Apple and just can't live without iOS, we've curated an up-to-date list of all of the best iPad deals currently available for March 2018.
Deals

Amazon drops price on Apple Watch Series 4 with a rare deal

Since Apple first unveiled the Series 4, the price for one has pretty much held fast. This has finally started to change with a nice little $15 discount on Amazon. If you've been wanting the newest Apple Watch, now is a great time.
Computing

Sending SMS messages from your PC is easier than you might think

Texting is a fact of life, but what to do when you're in the middle of something on your laptop or just don't have your phone handy? Here's how to send a text message from a computer, whether you prefer to use an email client or Windows 10.
Mobile

Google's midrange Pixels might be called the Pixel 3a and Pixel 3a XL

The Google Pixel 3 and Pixel 3 XL are considered to be two of the best Android smartphones, but it looks like Google could be prepping a midrange line. Say hello to the Pixel 3a and Pixel 3a XL.
Gaming

Angry Birds AR: Isle of Pigs brings 3D demolition into your living room

Angry Birds is releasing its next entry in the spring of 2019 - with a new spin. Bringing 3D environments and destruction, Angry Birds AR: Isle of Pigs uses augmented reality to add a new dimension to a classic series.
Mobile

Whether by the pool or the sea, make a splash with the best waterproof phones

Whether you're looking for a phone you can use in the bath, or you just want that extra peace of mind, waterproof phones are here and they're amazing. Check out our selection of the best ones you can buy.