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April 27, 2012 07:38 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KH6IIOBB2Z0/
Samsung May Have Just Become The King Of Mobile Handsets, While S&P Downgrades Nokia To Junk
Samsung has been, for years, slowly approaching Nokia as the world's biggest handset maker, and today looks like the day the crown has been passed: As of last quarter, Strategy Analytics noted that Samsung shipped the most mobile devices of any single manufacturer world-wide, also taking pole position in smartphones. At the same time, Nokia not only slipped in those rankings but it also got another slap in the face, as Standard & Poor's, the credit-rating agency, downgraded Nokia to "junk" status.The news comes on the same day that Samsung presented its Q1 earnings, in which the Korean company reported revenues of 45 trillion won ($40 billion) for the three months that ended March 31 -- citing strong results in the division that includes mobile devices, with especially "brisk sales" of its GALAXY S II smartphone and newer Galaxy Note device.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KH6IIOBB2Z0/
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