The different timelines mean Samsung’s earnings often peak around the middle of the year, just as Apple’s is bottoming, and vice versa. The well-received Galaxy S7 has been crucial to galvanizing the company. Samsung Electronics Co. reported its biggest operating profit in more than two years as its signature Galaxy S7 smartphone line sustains its critical and commercial success. That quarterly blow-out highlights how the South Korean company has begun to outshine Apple Inc. in everything from market performance to top-line growth. The stocksSamsung’s shares have embarked on an upswing since the start of the year, buoyed by optimism over the S7 and component divisions like displays.

Source: Thanhnien News July 07, 2016 05:26 UTC