Samsung Electronics set for Q1 profit jump, but some call an earnings peak

Samsung said January-March operating profit was likely 6.6 trillion won (.7 billion), well above the 5.6 trillion won profit tipped by a Thomson Reuters StarMine SmartEstimate derived from a survey of 23 analysts. (Reuters) Samsung Electronics Co Ltd  flagged a 10 percent jump in quarterly profit on Thursday – a sign of robust early sales for its new Galaxy S7 smartphones although doubts abound whether momentum can be maintained in the face of new rival offerings.
The South Korean te