AAPL: LG Display (LPL): Q1 net profit 3.49B won...

5:08 AM LG Display (LPL): Q1 net profit 3.49B won ($3.1M) vs loss of 129B won a year earlier and vs consensus of 76B won. Sales +10% to 6.8T won. Operating profit -74% on quarter to 151B won, hurt by falling seasonal demand and weaker sales to Apple (AAPL), which accounts for a large part of LG's sales and is due to report its results tomorrow. Analyst Pak Yuak reckons that LG's panel sales for iPads rose 192% on year but that iPhone-screen sales dropped 33%. Read comments

AAPL price at time of publication: $390.53. Check AAPL price now »

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