LG made just 1.2 cents on every smartphone sold last quarter

Smartphones aren't so profitable for LG. Photo: Killian Bell/Cult of AndroidLG shipped an impressive 8.1 million LTE smartphones worldwide last quarter — its best result so far — but the company made just 1.2 cents in profit on each one. That’s approximately 0.012 percent of the profit Apple makes on every 16GB iPhone 6 it sells. That makes Q2 2015 a bittersweet quarter for LG. Despite record smartphone

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