Samsung estimates another quarter of record profit

From CNET: Samsung looks to continue its streak of record quarters, updating its estimate for its first quarter 2018 results on Thursday.

From Jan. 1 to March 31, the company made an estimated operating profit of 15.6 trillion Korean won, or $14.7 billion. That's a solid rise from the 9.9 trillion won ($9.3 billion) it made during the same quarter in 2017.

The main booster? The new Galaxy S9 and S9 Plus phones, of course. Last year's S8 and S8 Plus were released in April and contributed to Samsung's second quarter 2017 results.

Total sales from the quarter are estimated to be 60 trillion Korean won, or $56 billion.

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