Samsung didn’t even need the Galaxy S8 to crush Q1

Samsung Q1 2017 Earnings

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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