Samsung take a serious bite out of Apple


That is according to a new report released by Strategy Analytics. In said report it highlighted that Samsung's handset division had an estimated operating profit of $5.2 billion in the second quarter of 2013. This compares to Apple’s iPhone operating profit of $4.6 billion over the same period.

During the April-to-June period total mobile phone shipments across the globe number 383 million. In all, 27.7 percent of phones shipped were made by Samsung.

"This was the mobile phone industry's fastest growth rate since the second quarter of 2012," said Neil Shah, senior analyst at Strategy Analytics. "Strong demand for entry-level Android devices in Asia and Latin America drove much of the growth. Samsung continued to dominate, shipping 107 million mobile phones worldwide."

At the same time, global smartphone shipments hit 230 million in the quarter, 47 percent higher than in the same period of 2012. Of those, 33.1 percent were manufactured by Samsung. However, Apple's share of the smartphone market, at 14 percent, was its smallest for three years.