Samsung reports $5.6 billion profit, preps an onslaught of new A-series phones

With rapid restructuring of both its corporate organization and product lines, Samsung managed to turn the ship around, and stabilize its sales and profits that were heading downwards after the flagship smartphone market started maturing about two years ago. 

Granted, it doesn’t post record quarters any more, but $5.6 billion in profits isn’t too shabby either. That’s exactly the operating income that Samsung just reported for the second quarter, reflecting a full trimester of Galaxy S10 sales, but also of the hundreds of other gadgets, big and small, as well as components …

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