1. Apple is Making Samsung Rich

    Apple is Making Samsung Rich

    Samsung Electronics forecasted record profit and sharply increased revenue in an earnings guidance release on Friday.

    Samsung expects its operating profit to increase 72% to $12.1 billion and revenue to rise 18% to around $52 billion.

    Those are strong results — and it looks like it's coming from Samsung's top smartphone rival, Apple, analysts told Reuters...

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    1. Final June sales for our Apple Monitor rose by 18% month-over-month and well above the average decline of 2% over the past twelve years. This compares to the five year average decrease of 7% and a 2% increase in June 2016.
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