It's more good news over in Korea as Samsung announces its sixth straight quarter of profit while taking another chunk out of Apple's market share - and the Samsung Galaxy S4 isn't even on sale yet.
It's no surprise to learn that smartphone sales were the main catalyst for Samsung's strong results - in fact mobile devices accounted for three quarters of the firm's profits in the last quarter.
The continued success of Samsung will no doubt be a bitter pill to swallow over in Cupertino, where Apple recorded its first decline in profits in over 10 years earlier this week - although it's certainly not anywhere close to collapse.
Samsung eats Apple
It gets better for Samsung, and worse for Apple as research firm IDC reports that the iPhone maker has witnessed its market share drop from 23 to 17.3 per cent.
In contrast, Samsung's seemingly never-ending line of new handsets has seen it grow its smartphone share from 28.8 to 32.7 as it apparently shipped 70.7 million handsets during the first quarter of this year.
Things are set to get even better for Samsung as well, with its new flagship Galaxy S4 going on sale around the world tomorrow, while the next Apple instalment - rumoured to be the iPhone 5S - isn't scheduled until later this year.