The Galaxy S7 looks like the major hit Samsung needed

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Brad Reed

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Are things actually looking up for a major Android vendor? Samsung has seen its earnings deteriorate over the past couple of years but the company is expecting a significant boost in its Q1 2016 earnings thanks in part to sales of the Galaxy S7 and Galaxy S7 edge. Via Android Central, Samsung is projecting an operating profit of $5.7 billion for Q1 2016, which represents a 10% increase over its operating profit in Q1 2015. The company is also projecting solid revenues of $42.3 billion, an increase over the $40.7 billion in revenues it posted in the same quarter last year.

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