A familiar story: Samsung rakes in record Q1 profit, but growth slows

Apple shares skyrocketed between 2009 and the end of 2012 as the company repeatedly posted record quarterly earnings. Of course, gravity eventually wins — breakneck growth simply can’t be maintained forever. Samsung, too, has seen unbelievable growth over the past couple of years and its quarterly results have reflected its incredible success. But how long will the party last? In the March quarter, Samsung posted its audited results and the were even more impressive than the company’s pre-announcement: Audited operating profit soared to $7.9 billion instead of the $7.7 billion Samsung expected, sales climbed to $47.6 billion, and net profit ballooned 44% year-over-year to $6.4 billion. But Samsung’s growth decelerated compared to the prior quarter, when its profits grew by



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