Oh look, another Android OEM is making a nice profit on smartphones!
From LG's earnings release today, for Q1 2013:
$3.2 billion USD in revenue, $133 million USD in profit
So there you go, another OEM you can add to the every growing list of OEMs that are making good money on Android (don't let anyone fool you into thinking that $133 million USD in profit is not a lot). Hopefully we can soon squash the inaccurate meme that only Samsung makes money on Android. Without Android, most, if not all, of these OEMs would have closed their mobile divisions years ago (see HTC, Motorola, Sony, etc).