Samsung profits leap by 41%

Samsung saw its profits leap by 41% in the first quarter of this year, thanks to a surge in sales of its smartphones.

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Broad appeal of Samsung gives firm the edge on Apple

Certainly it looks like year-on-year growth was much higher for Samsung's mobile phone unit than for Apple's iPhone segment.

That's a testament to the broad appeal of Samsung's device range compared with the relatively high-end focus of the iPhone.

It's also helpful that Samsung has device launches throughout the year, which help to keep demand going on a more consistent basis, whereas Apple suffers from strong seasonality.

– Jan Dawson, analyst at research firm Ovum

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Samsung profits surge by 41%

Samsung saw its profits leap by 41% in the first quarter of this year, thanks to a surge in sales of its smartphones.

The company's thriving smartphone sector has been behind much of its success Credit: Press Association

Samsung's profits come as Apple faces increasing pressure to retain its reputation as one of the world's leading innovators after reporting its first fall in profits in a decade.

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