Samsung's Preliminary Q1 Numbers Likely Driven By Strong S7 Sales, Better Cost Management

Samsung Electronics published a relatively strong set of preliminary Q1 2016 earnings, indicating that its operating profit likely grew by about 10% year over year to 6.6 trillion won ($5.7 billion), while revenues likely rose by about 4% to about 49 trillion won ($42.2 billion).  While Samsung didn’t provide specific details about what drove the results, it’s likely that the firm benefited from the recent launch of its flagship Galaxy S7 smartphone as well as potentially lower operating ex...