Complex Made Simple

Samsung posts nearly $6bn record profit

Samsung Electronics has posted a record operating profit of $5.9bn for the second quarter, as rampant Galaxy S handset sales helped stretch its lead over Apple Inc., Arab News has reported. September quarter mobile profits are expected to forge further ahead as the latest Galaxy model enjoys a sales boom before the next iPhone launch, widely expected in October, driving Samsung's profit to a record of nearly ($7bn), the company said. The mobile division represents around 60% of Samsung's earnings.