NEW YORK ( TheStreet) -- Apple (AAPL) and Samsung remain the talk of the tech world as the two titans battle for mobile supremacy. The world may have reacted differently to Apple and Samsung's respective earnings this week, but there's more to the numbers than meets the eye.
Samsung's fourth-quarter net profit rose 76% to $6.6 billion, as "solid sales" of the Galaxy S3 and Galaxy Note 2 helped boost results. The Korean firm has been one of the few Android-based handset makers to earn significant money, as it goes up against the Apple behemoth in smartphones and tablets. Samsung has been able to do this because it offers something close to what Apple offers with its iOS ecosystem, even in a fragmented Android market. Android is owned by Google (GOOG).
It seems that Samsung, which reportedly shipped 63 million smartphones in the fourth-quarter, according to Strategy Analytics, is the new king of mobile tech. Apple's now the underdog as its stock continues to sink. It doesn't matter that Apple sold 47.8 million iPhones in its most recent quarter, or that it earned $13.81 per share. Apple is yesterday's news, according to some critics.
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