Samsung is doing a bit of a celebratory end-zone dance thanks in part to the success of its Galaxy S7 and S7 Edge smartphones. On Thursday the Korean tech giant announced preliminary earnings that show a 17 percent jump in profits year over year. This is a stark contrast to Apple’s earnings report in April that showed the company’s first revenue decline in 13 years. So at this point time let’s go ahead and crown Samsung the smartphone champion. The S7 phones are awesome devices and they’re being purchased at record rates… but Apple isn’t taking this lying down. Or maybe they are. iOS users gobbled up the iPhone 6 a mere two years ago, but the 6s didn’t set the world afire. Will the iPhone 7 flip the script and put Apple back on top? We’ll find out in 2 months.
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