Samsung overtakes Apple in phone profits but others grow sales even more


Samsung topped Apple(s aapl) last quarter in terms of smartphone profits, but both companies didn’t see sales growth realized by most other handset makers: LG, Lenovo, ZTE and others picked up more market share around the world over the past year.

The operating profit figures come from estimates at Strategy Analytics. On Friday, the research company shared its data for the second quarter of 2013:

“We estimate Samsung’s operating profit for its handset division stood at US$5.2 billion in the second quarter of 2013. Samsung overtook Apple for the first time, which recorded an estimated iPhone operating profit of US$4.6 billion. With strong volumes, high wholesale prices and tight cost controls, Samsung has finally succeeded in becoming the handset industry’s largest and most profitable vendor.”

It is a win of sorts for Samsung, although it could be short-lived. The company introduced its Galaxy S 4 during this quarter, while…

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