amsung raked in its biggest profits in the past 4 years

Strategy Analytics announced that their research indicates Samsung has ousted Nokia as the world’s biggest mobile phone manufacturer. It was as far back as 1998 that Nokia had toppled Motorola for the number one spot, and now in the first quarter of 2012 Samsung has done it to Nokia, 93 million units to 83 million.

As if this weren’t enough, Samsung raked in its biggest profits in the past 4 years. Imagine, $4.5 billion as of March 31, 81% above last year. Not that it’s any consolation, but Samsung also holds the top world ranking for TV’s and flat screens.

Samsung admits that they expect their earnings to continue exponentially with the same momentum it is currently showing, since they have the competitive advantage. This comes from Robert Yi, Samsung’s head of investor relations.