Color us impressed. Projections put LG in a pretty fair place as Q1 was wrapping up and in the midst of a global recession spelling big trouble for just about everyone, the Korean electronics company turned in some pretty good numbers. Save for its business solutions division, every major area of LG’s business saw pretty impressive growth year over year. Kicking things off with the mobile division, LG’s handset shipments dropped 7 percent YoY (12 percent QoQ) to 22.6 million units but the company ...

Nokia released its financials for the first quarter of 2009 this morning and well, it’s hard not to focus on one area in particular: profits. Nokia’s net income in the first quarter of this year rang up at €122 million, down from €1.22 billion in Q1 2008. That’s no typo… Net plummeted 90%. The forecast had been set at €232 million, making the news a bit less shocking as a sharp decline was expected — just not quite this sharp. OPK (Nokia CEO Olli-Pekka Kallasuvo) had this t...