• Reuters, Friday, July 6, 2012 8:25 AM

Giving the iPhone a run for its money, Samsung Electronics can hardly keep up with demand for its Android-supported Galaxy smartphone. Profit from the South Korean company’s mobile division is likely to have more than doubled to around 4.4 trillion won from a year ago, with sales of around 50 million smartphones -- at a rate of 380 every minute, Reuters reports. Better yet, “current quarter mobile profits are expected to forge further ahead as the latest Galaxy model enjoys a boom before the next iPhone launch,” according to Reuters.
 

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