Samsung has posted its Q1 earnings for the fiscal 2012. According to report, Samsung has reported a record 5.8 trillion won ($5.1 billion) operating profit in the three months ended March 31 from 2.95 trillion won a year earlier.

To the reader’s surprise, the latest revenue report has surpassed analyst estimates of $5trillion won.

It is found; South Korean giant’s mobile-phone business’s profit recoded a double digit growth in the quarter from a year earlier backed by the strong sale of Samsung Galaxy Note and other new smartphones to compete with Apple Inc. 

Latest stats revealed, Samsung sold 44 million smartphones in the first quarter. 

In addition, Samsung's display division had an operating profit of 164.5 billion won, while Samsung has post a loss of 230 billion won a year earlier. 

But, profit at the semiconductor division fell 28 per cent to 1.2 trillion won on sales of 8.65 trillion won. 

Seems, Samsung has established itself as the products of choice for tech users in the consumer as well as enterprise markets.