Samsung’s Q1 financial report includes an operating profit of $8.7 billion, which was driven by the company’s components business rather than mobile sales. Its Q1 performance also included $44.7 billion in revenue.
Q1 was Samsung’s second best quarter ever and its best first quarter.
Displays and memory were particularly important sources of revenue. Earnings were also higher in its processor and image sensor business.
With the S8 not contributing during the quarter, Samsung reported a decline in mobile revenue. That’s to be expected given the S8’s impending release and a price cut for the S7.
