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Samsung Galaxy S7 and Samsung Galaxy S7 edge help Samsung report higher Q1 operating profits

April 28, 2016

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Samsung reported its first quarter earnings tonight, and since we are not RefrigeratorArena or WasherDryerArena, we will focus on the numbers posted for Sammy’s IM division which is made up of its mobile communications and networks business. The company reported $24.2 billion USD in mobile revenue for the quarter. That is a 6.6% gain year-over-year.

Operating profits for Samsung’s mobile division came to $3.39 billion USD, a 42% gain over the operating profits reported by Samsung during the same quarter last year.

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