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.

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
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.