Samsung has overtaken Nokia as the largest phone seller in the world selling 93 million phones in the first three months of 2012.

While Nokia, had, topped the list for the past 14 years, recent upheaval at the Finnish company had seen its market share drop dramatically.

This leaves Apple in third place on the list, having sold 35.1 million iPhones in the same period.

Meanwhile continuing their onward march, Samsung who posted record profits of 2.75 billion pounds, are also the world's largest smartphone seller, selling 44 million Galaxy smartphones.

For all those folks who like to see their gadgets up close and personal, Samsung is set to announce its latest flagship smartphone in London next week and executive believe this will keep the South Korean company at the top of the list.