GSMArena.com - Latest articles: Galaxy S9 and S8 help push Samsung to record Q1 profits

GSMArena.com - Latest articles GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order.

Galaxy S9 and S8 help push Samsung to record Q1 profits Apr 26th 2018, 12:44 The Galaxy S9 duo helped propel Samsung Electronics to record operating profits for the first three months of this year. It took in an operating profit of $14.5 billion on $56.2 billion of revenue. That represents an operating margin of 25.8%, up 6.2 percentage points year over year. The S9 didn't do it alone, the older Galaxy S8 still sells well as do other premium models. Mobile accounts for $26.4 billion of the consolidated revenue, but only $3.5 billion of the profits. Samsung wants to keep this rolling by expanding its experience stores and offering more trade-in deals. It's...

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