Today, Samsung Electronics has released its quarterly earnings report for Q1 2017, and it's looking pretty good: the company has posted profits of 9.9 trillion won ($8.7 billion) across all of its businesses. However, profits from its mobile division have actually fallen compared to those in Q4 2016, despite an increase of device shipments.
Or in other words: Samsung sold more phones, but earned less money from them. The fault, interestingly, may lie in consumers' great interest in the Galaxy S8, which launched just last week. To accommodate for … Commentscomments
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Source: Samsung posts its second-best quarter ever, promises a new flagship release in late 2017
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