LG Mobile sells 13.2 million phones this quarter, posts increased revenues thanks to G2 and Nexus 5

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LG, a company which was known to be struggling in the mobile industry just a few years back, has posted strong results for the fourth quarter of 2013 today. It has been a grand revival of sorts for the company which has seen great releases last year in the LG G2 and the Google Nexus 5. Incidentally, LG confirms that these exact two devices have contributed massively to the improvements in its mobile revenue over the quarter as well as over the year. The numbers for QoQ increase in revenues are 18% – 3.38 bn USD, while yoy numbers are more encouraging at 29% – 11.85 billion USD. LG has quickly become one of the more interesting Android OEMs in the recent times and the numbers clearly reflect that.

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Apple reports Q3 2013 revenues at $35.3 billion, iPhone sales touch 31.2 million

Apple has been relatively dormant in Q3 2013 and has chosen to announce only a select few products. That would explain the giant’s Q3 2013 results which show that revenues are down to $35.3 billion compared to $43.6 billion in the previous quarter. This was a fairly major fall due to the lack of any significant new product shipments.

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