Samsung didn’t even need the Galaxy S8 to crush Q1
According to several independent reports from insiders in South Korea, Samsung expects the Galaxy S8 and Galaxy S8+ to be its best-selling smartphones of all time. Sales of last year's Galaxy S7 and S7 edge have reportedly topped 52 million units so far, which makes that quite a tall order. Considering how much buzz Samsung managed to stir up despite its Note 7 debacle, and considering how incredibly impressive the new Galaxy S8 and S8+ are, the company's supposed 60 million unit target could be well within reach. And needless to say, these high-priced, high-margin phones will do wonders for Samsung's bottom line.
But Samsung is much more than just a smartphone maker, and the company has one of its other key divisions to thank for the remarkable Q1 earnings it just reported.
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