Samsung Electronics posted a bigger operating profit than rival Apple in the mobile phone market in the second quarter of this year.
U.S. market researcher Strategy Analytics on Monday said Samsung accounted for 48.8 percent of the total operating profit generated in the global mobile phone market during April-to-June period. Apple took up 48.3 percent.
The results do not include tablet PCs.
This is the first time since Strategy Analytics started announcing profits in 2011 that Samsung overtook Apple.
With the two giants taking a combined 97.1 percent of the total operating profit, LG and Sony scraped a mere 0.5 percent each.
Apple focuses on high-end smartphones, which fetch higher margins per device, while Samsung offers a wide range of phones from the premium Galaxy series to mid-priced gadgets, as well as feature phones.
Due to its diversified product lineup, Samsung overtook Nokia in 2012 to become the world's No. 1 handset maker in terms of sales but was unable to beat Apple in terms of operating profit.
In 2011, Samsung accounted for a mere 19.1 percent of the operating profit in the global phone market, far behind Apple's 61.6 percent.