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Samsung records a record quarterly profit of $5.9B, up 79 percent from a year ago

It is not Apple’s $8.8 billion in profits, but it is getting closer. Samsung announced record quarterly earnings today of $5.9 billion. That is up 79 percent from a year ago. Samsung does not break out its smartphone sales anymore, but some analysts have it selling about twice as many as Apple in the most recent quarter.

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