Samsung overtakes Nokia as top phone maker with record $5.2 Billion Profits

Samsung's on a roll. They've just overtaken longtime phone leader Nokia by shipping 92 million cellfones worldwide in Q1 2012 while Nokia sold 83 million units. Samsung also posted profits of US $5.2 billion dollars for the period.

Samsung makes various feature phones but is popular for its Galaxy range of Android smartphones which is composed of various models in a range of screen sizes and features. Samsung's feature phone and smartphone sales now make up 40% of their total profits, which is remarkable for a company that makes so many products.

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