Filed under: WIRELESS | Tags: App Store, Business, Business and Economy, Consumer electronics, LG Electronics, Mobile phone, Nike, Television
Sportswear giant Nike has a nifty application in the App Store that allows you to create custom sneakers and order them straight away, with just a couple of taps. The app is in fact a mobile extension NIKEid, a program that allows customer to order personalized Nike shoes straight from the manufacturer. And an excellent extension it is. (Mobilecrunch10/22)
LG Electronics reported a stronger-than-expected quarter thanks to solid business of mobile phones and TV sets, but the world’s third-largest handset maker is eyeing a downbeat fourth quarter because of currency issues, increased marketing costs and pricing pressure. Handset sales in the third quarter reached 31.6 million units, which was up from 29.8 million in the previous three-month period, but profit margins fell from 11% to 8.8% for its phones because of competition and marketing costs. Reuters (10/21)
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