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...
Source: https://www.gsmarena.com/samsung_q1_galaxy_s9_and_s8_help_push_company_to_record_profits-news-30730.php
