Another Record Quarter for Samsung and Two Other Stories You Need to Know
Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.
Samsung Reports Record Quarter on Galaxy Phone Sales
Samsung has reported a $7.3 billion profit in another record quarter, driven by sales of Samsung Galaxy smartphones, _Reuters_ reports.
This is a four straight record quarter for the company, and the projected yearly profit is also a record $25 billion. While the profits from Samsung’s chip business diminished, strong Galaxy sales generated around $4.5 billion, which is around two thirds of the company’s total profit.