There’s no question Samsung has been the dominant force in the Android world. They’ve managed to nail multiple Nexus devices, and even managed to convince the world it needed a phablet. So it came as no surprise when Samsung announced record Q1 profits for 2012. Samsung pulled in nearly $40 billion in sales and a record $5.1 billion in operating profit (around $4.46 billion after taxes). Samsung has its mobile division to thank for the strong showing as it accounted for 78% of their profits. Samsung is banking on their upcoming Samsung Galaxy S III to push profits even higher in Q2 and they’re already saying it will be “our most successful smartphone ever.”

Google has released its Q1 2012 revenue earnings — and business is good! Revenue for Q1 2012 came in at $10.65 billion, up 24% from Q1 2011. Overall, the majority of revenue avenues saw growth despite Google’s willingness to explore risky projects. Google ended up with a hefty $49.3 billion cash on hand and looks to continue growing that stockpile as they move forward in the year. In the earnings call today, Larry Page talked mostly about their dedication to the long-term and points out how many of their projects don’t reach critical mass for quite a few years. For example, Larry points out that he’s been working on Android for 6 years and it wasn’t until the past 3 years that Android has begun to really explode.

Google released their Q4 earnings today, and while the money side of things is good, with $2.71 billion in profit on $8.13 billion in revenue, I’m sure you’re more concerned about Android than you are money — right? Even if you’re not, I’m going to share with you some Android numbers being thrown around to give you a better idea of how well Android is doing, and how well it continues to grow.