Samsung Reports 42 Percent Jump in Profit - NYTimes.com

A strong quarter for Android Handset Corp.

"Samsung has challenged Apple’s once dominant place in the world’s smartphone market by flooding it with a range of models with a variety of screen sizes and prices and updating its versions faster than Apple ever has.
Samsung captured a third of the global smartphone market in the first quarter, according to data released by Strategy Analytics. Shipments of Samsung smartphones surged 56 percent to 69.4 million units in the quarter, it said. Apple iPhone shipments rose 6.6 percent to 37.4 million units."

Samsung Reports 42 Percent Jump in Profit - NYTimes.com