Not even imprisoned execs and exploding phones can stop Samsung

Samsung Galaxy S8
Julian Chokkattu/Digital Trends
Samsung has seen significant revenue growth throughout its business over the past three months, despite ongoing scandals and the ghost of the Galaxy Note 7 hanging over it. It’s also very confident about the near future, trumpeting the arrival of the Galaxy Note 8, a series of new midrange and low-end smartphones, plus continuing demand for the Galaxy S8 and S8 Plus.

From April through the end of June 2017, Samsung took in $54.8 billion in revenue, with $12.8 billion coming as profit, which it says is a record-breaking quarter for the company. It’s also a 72-percent increase over the first three months of 2017, and up again from the end of 2016, after the small slump it endured during the height of the Galaxy Note 7 turmoil. To put the $12 billion profit into perspective, at the end of September last year, it posted $4.5 billion in profit.

The Galaxy S8 and S8 Plus have been instrumental in Samsung’s return to massive profits. In its earnings report, it says the “strong sales” of the new phones have driven the recent increases, and the S8 Plus in particular has been a big seller. Samsung states it makes up more than 50 percent of all Galaxy S8 phone sales, despite being larger and more expensive than the regular Galaxy S8. Samsung’s mobile shipment totals were harmed by falling demand for its cheaper phones, which it will counter with new models announced in the future.

Samsung’s next major phone release will be the Galaxy Note 8, expected on August 23, which it mentions throughout its earnings report. It’s going to market the phone hard, so expect to see plenty of ads and promotional activity surrounding the phone, something it warns investors will affect earnings in the next quarter. It’s also mindful of Apple and Google’s smartphone plans for the remainder of 2017, saying that while there will be an increase in demand for its devices, “competition is expected to intensify as new smartphone models are released by competitors.”

The Galaxy Note 7 isn’t the only scandal Samsung has endured over the past year. The ongoing bribery and corruption trial centered around former South Korean president Park Geun-hye has seen Samsung vice president Lee Jae-yong arrested and put on trial, with sentencing expected soon. The company’s stock price has taken several hits; but the earnings report proves none of these problems have affected the public’s willingness to go out and buy Samsung products.

Product Review

With the S10e and S10 Plus, do we really need the Samsung Galaxy S10?

The Galaxy S10 is the middle child in this year’s Galaxy S10 range, between the Galaxy S10e, and the Galaxy S10 Plus. There’s no striking reason to buy it, but it’s still an excellent phone you’ll be happy with.
Mobile

Want to watch Netflix in bed or browse the web? We have a tablet for everyone

There’s so much choice when shopping for a new tablet that it can be hard to pick the right one. From iPads to Android, these are our picks for the best tablets you can buy right now whatever your budget.
Emerging Tech

Astronomers discover giant chimneys spewing energy from the center of the galaxy

Astronomers have discovered two exhaust channels which are funneling matter and energy away from the supermassive black hole at the heart of our galaxy and out towards the edges of the galaxy, dubbed galactic center chimneys.
Mobile

The Samsung Galaxy S10 5G might be a few short weeks away from launch

Samsung has announced a whopping four new Galaxy S10 devices, from the low-cost S10e to the triple-camera S10 and S10 Plus. But it's the Galaxy S10 5G that steals the show as it's among the first 5G-ready smartphones to hit the market.
Mobile

Scientists wreck a smartphone in a blender, but not just for fun

It’s oddly mesmerizing to watch a smartphone get torn apart inside a blender. Researchers recently did just that in a bid to find out which materials make up a handset, and also to encourage people to think more about recycling.
Movies & TV

Apple’s next big event is minutes away: Here’s what you can expect

Apple's next big event takes place on March 25 in Cupertino, California. The company is expected to make several announcements related to its services, including Apple TV, so follow our guide to get ready for the big event.
Wearables

This $76,000 Grand Seiko watch has something in common with a plug-in hybrid car

How can a watch that costs $76,000 possibly have anything in a common with any car, let alone a plug-in hybrid? It's all about the complex, technically incredible Spring Drive movement inside this Grand Seiko watch.
Deals

The excellent Apple iPad gets even deeper price cuts on Amazon

The humble iPad from 2018 is still one of the best tablets around -- and a solid choice for most people. Amazon has seen some great price drops for these tablets recently, and now you can own an iPad for even less than before.
Mobile

More than a screenshot: How to record the screen on an Android device

If you've ever want to record video of your Android screen, there are plenty of apps that can help. Here's an easy guide on how to record the screen on an Android device with the right settings and apps.
Apple

Apple March 2019 Event Coverage

Apple’s next event will take place March 25 at the Steve Jobs Theater in Cupertino, California at 10 a.m. PT. We’ve got a handy guide on how to watch, but don’t expect to see any new iPads, iMacs, or AirPods at the show, all of…
Product Review

Want to see how powerful the Snapdragon 855 chip is? Just rev up the Xiaomi Mi 9

How fast do you want to go? If the answer to this is “as fast as possible,” then take a long look at the Xiaomi Mi 9. It’s one of the highest performance smartphones you can buy. It’s a real monster, and we’ve been using it.
Mobile

Apple Card is a credit card you can sign up for and start using with your iPhone

Apple is getting into the credit card business. Apple Card is a credit card you can sign up for directly on your iPhone, and it doesn't have fees. There's a lower interest rate and you can even get Daily Cash from all purchases.
Gaming

Apple Arcade might be the new game subscription service worth signing up for

Apple Arcade will launch this fall bringing a new game-subscription service with cross-platform support for iOS, Mac, and Apple TV. At launch, the service will feature more than 100 exclusive games, with more added to the service regularly.
Mobile

Check out 22 of the best iPhone 7 cases and covers for your shiny new phone

The iPhone 7 might be attractive, but it’s not rugged. To keep your device in pristine condition, you really need to think about proper protection. That's why we've rounded up some of the best iPhone 7 cases and covers available.