In the wake of a Motorola profit free fall the past few quarters, Samsung has finally managed to nab Moto's spot to take the number two position in global handset market share behind the perennial numero uno, Nokia. Though the victory comes by the slimmest of margins -- 37.4 million handsets shipped in Q2 compared to Moto's estimate of 35 to 36 million -- the two companies are clearly moving in opposite directions right now, with Samsung seeing a 4 percent boost in revenue over the same period last year. Samsung attributes its success to an ever-expanding Ultra Edition line and increased volume in its entry-level lineup, something Motorola has been looking for (but apparently hasn't found) with its innovative MOTOFONE. Find yourself looking over your shoulder, Nokia?

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Samsung passes Motorola, takes number two market share spot