Bloomberg. Sales rose 12 percent to $40.5 billion.
Meanwhile, HTC saw its Q4 2011 net income drop to $364 million, down 26 percent year-over-year from $489 million. It also failed to meet analysts expectations, which Bloomberg said was an average of slightly less than $400 million. It was the first time in two years that HTC's net income had dropped.
Samsung took the overall smartphone crown (globally) from Apple in October. Whether or not it remained in that spot in Q4, what with the introduction of the iPhone 4S, remains to be seen, but HTC has its hands full competing against two giants such as Samsung AND Apple.