There’s no question Samsung has been the dominant force in the Android world. They’ve managed to nail multiple Nexus devices, and even managed to convince the world it needed a phablet. So it came as no surprise when Samsung announced record Q1 profits for 2012. Samsung pulled in nearly $40 billion in sales and a record $5.1 billion in operating profit (around $4.46 billion after taxes). Samsung has its mobile division to thank for the strong showing as it accounted for 78% of their profits. Samsung is banking on their upcoming Samsung Galaxy S III to push profits even higher in Q2 and they’re already saying it will be “our most successful smartphone ever.”

I’m betting their intuitions will be spot on and I expect the Galaxy S III to make quite a splash in the market once it’s released. Interestingly enough, we feel confident referring to it as the Galaxy S III now that a Samsung exec let it slip during its Q1 2012 earnings call today. While we’re not sure if it will be the Galaxy S III or Galaxy S3, it’ll certainly be the Galaxy S three.

“We are anticipating very strong demand of GALAXY S III.”

We’re sure anxious to see this baby and we’ll have our chance in just under a week. Keep doing what you’re doing Samsung, seems to be working for ya.

, Samsung 2

• SourceSamsung 1