According to the Wall Street Journal and a person familiar with the situation, it looks like Samsung has finally been crowned as king of the smartphone world; the company sold more than 20 million smartphones in Q3. When Samsung announces their third-quarter earnings next week, analysts are expecting Samsung’s smartphone shipments to range between 20-30 million units – an over 500% jump from the 3 million smartphones sold by Samsung in Q2 of 2010.

Apple’s latest numbers revealed that they sold 17.1 million iPhones in Q3, while Nokia shipped 16.8 million smartphones. We hope Samsung’s Q3 report will break down their smartphone sales numbers and reveal how many of the estimated 20 million units were actually Android-powered devices.

With Samsung’s Galaxy S II lineup finally hitting US carriers and the launch of the Samsung Galaxy Nexus scheduled for November, we should expect even higher numbers for the last quarter of the year. Apple’s iPhone 4S may have been the biggest handset launch in history, but we have a feeling sales will be dropping off after the first few weeks, allowing Samsung to dominate sales in Q4 as well.

Do you think Samsung can keep up the momentum? Will the launch of the Galaxy Nexus play a bigger role in Samsung’s sales numbers in Q4 than the Galaxy S II will?

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