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Samsung Rings Up Sales

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Samsung Rings Up Sales

Business

Samsung Rings Up Sales

Samsung Rings Up Sales

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  • <iframe src="https://www.npr.org/player/embed/179179647/179179636" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Samsung announced Friday its first quarter profit is at a record high — net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. On Saturday, it's launching a new smartphone in the U.S. — the Galaxy S4.

STEVE INSKEEP, HOST:

NPR's business news starts with Samsung ringing up sales.

(SOUNDBITE OF MUSIC)

INSKEEP: Samsung said this morning its first quarter profit is at a record high - net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. Tomorrow, it's launching a new smartphone in the United States - the Galaxy S4 - which is aimed at taking on Apple's iPhone.

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