Shifting the Galaxy S7 launch up helped Samsung's income
Samsung’s Galaxy telephones drove quickly rising income till gross sales peaked a few years in the past, however the firm simply reported its Q1 2016 working revenue is up 12 % from 2015. Coming concurrently Apple confronted its first income drop in a decade, Samsung is getting a lift from releasing its Galaxy S7 earlier within the yr than ordinary. Even a “one time royalty expense” did not make a noticeable dent within the phase’s efficiency, which is the very best it has been because the second quarter of 2014.
In fact, there’s extra than simply timing at play, as Samsung says shipments of the S7 and S7 Edge are outpacing their predecessors. It is also pushing extra excessive-finish Extremely HD televisions, and expects occasions just like the Olympics to drive extra gross sales later this yr. The one dangerous information is that it sees a “softening” smartphone market for the remainder of the yr and fewer demand for tablets, however for now no less than, issues are stepping into the proper path.