Early Galaxy S7 series debut helps Samsung’s profit beat forecast

Counterpoint Technology Market Research estimated that Samsung sold 10 million Galaxy S7 series during the month of March, up 25 percent from a year ago. (Courtesy: Samsung) Samsung Electronics reported Thursday a better-than-expected quarterly profit as an early debut of its flagship Galaxy S7 smartphone series boosted sales of high-end phones despite flat growth in the overall smartphone market.
The South Korean company said it earned 5.3 trillion won ($4.6 billion) for its January-March quar