By Jeffrey Goldfarb
The author is a Reteurs Breakingviews columnist. The opinions expressed are his own.
Adele, the soulful British songstress, has broken all kinds of records with her hugely successful sophomore album '21' since it was released in the US in Feb 2011. The album, which picked up 6 Grammys this year, was by far and away the biggest selling album of last year with 5.8 million copies sold. And in 2012, at the halfway mark, despite endless plays in supermarkets, gyms and your dentist's waiting room, it's still burning up cash registers, moving another 3.7 million units through the end of June, or more than four times the next best-selling album (Lionel Richie's Tuskegee in case you wondered).
Three new movies compete for filmgoers over the long President's Day weekend in the United States. Nicolas Cage is expected to lead the pack of newcomers with Sony's 3D action sequel "Ghost Rider: Spirit of Vengeance."
Samsung Electronics, the world's top maker of memory chips and smartphones, reported a record quarterly profit, aided by one-off gains and best-ever sales of high-end phones. The South Korean firm posted 5.2 trillion won ($4.5 billion) in quarterly operating profit, beating a consensus forecast of 4.7 trillion won by analysts surveyed by Thomson Reuters I/B/E/S. Samsung, which surged past Apple as the world's top smartphone maker in the third quarter, only entered the smartphone market in earnest in 2010, but its handset division is now its biggest earnings generator.