Why Samsung’s Profits Are Growing as HTC’s Plummet

Samsung’s smartphone rocket is soaring. The company will announce record profits this quarter of $5.9 billion based mostly on the strength of its Galaxy smartphone line, and the planets are aligned for the upcoming Galaxy S III, a smartphone that will be up for “Best of Breed” by the end of the year. In contrast, HTC’s profits are down 58% this quarter, despite having the best Android phone on the market