“Shares of Apple were higher in late-morning trade on Friday as Drexel Hamilton said that the Cupertino, CA-based iPhone maker could benefit from battery problems in competitor Samsung’s Galaxy Note7,” Rachel Aldrich reports for TheStreet.
“The company has stopped sales of the Note7 and is issuing replacements for devices already sold,” Aldrich reports. “Drexel said that ‘the timing could not have been more propitious for Apple’ as the company prepares to launch the iPhone 7.”
Aldrich reports, “Drexel added that images of burning Galaxy Note7 devices in the media ‘will cause some damage’ to Samsung’s brand.”
“News reports yesterday cited a Samsung executive, claiming Samsung was preparing to issue a total recall of the phablet-sized phone, as my colleague Shuli Ren wrote overnight, the reason being a rash of defective batteries that have caused some Note 7s to burst into flames,” Tiernan Ray reports for Barron’s.
There has been no shortage of “gloom and doom” around Apple over the past several months, similar to the summer of 2013. However, we believe sentiment will begin to change with the launch of the iPhone 7 and into the iPhone 8 in 2017. After the massive upgrade cycle with the iPhone 6 that drove 37% iPhone unit growth in FY:15, the upgrade to the iPhone 6s was muted and we are projecting a 9% YoY decline in iPhone units in FY:16. We believe the iPhone unit cycle troughed in 2Q:FY16 and we expect iPhone unit growth to return in 2Q:FY17 and 5% growth for FY:17. — Drexel Hamilton analyst Brian White
The Samsung battery issue is a damning piece of evidence about how they run their entire company. No joking here.
People in the design world have known of the battery potential for catastrophic discharges for decades. Any company that engineers mobile products knows about this in detail.
Samsung obviously has cut corners in both engineering, QC and vendor qualification and verification.
This doesn’t bode well for buyers of Samsung’s products.
If I were selling phones at a telecom, I’ld be telling people we only officially recommend Apple’s iPhones.
Actually, I read somewhere around 2010 that Apple brought its battery construction “in house” to eliminate the problems they had earlier with quality and design issues.
It’s a pity the only way Apple can benefit from the smartphone market is when a catastrophe happens at another company. There used to be a time when Apple wasn’t running scared from Samsung. Now everyone is saying how Samsung has the upper hand in the smartphone business and Apple is a fading contender.
It’s almost guaranteed if the iPhone 7 sells in large numbers, the news media is going to say Apple was merely lucky Samsung had major problems with the Galaxy Note.
Airlines don’t want battery bombs on their planes, and because of this most airlines banned Hoverboards. Will airlines also ban exploding Samsung phones? It will be difficult to determine what Samsung model the passenger has when boarding, but it would be easy to read the Samsung name on the device. Does this mean airlines will ban all Samsung phones? If this is the case, then this exploding Samsung phone problem went from a nuisance for Note 7 customers to a disaster for anybody that uses a Samsung phone.
Samsung Galaxy, the official phone of ISIS.
“If it’s not an iPhone, it’s an incendiary device for your pocket cobbled together by a South Korean dishwasher maker.”
Blahahaha…..one of your best MDN.
I hear that Samdung’s sales are exploding!
Is that a Samsung Galaxy Note7 in your pocket or are you just really, really glad to see me?
The Samsung battery issue is a damning piece of evidence about how they run their entire company. No joking here.
People in the design world have known of the battery potential for catastrophic discharges for decades. Any company that engineers mobile products knows about this in detail.
Samsung obviously has cut corners in both engineering, QC and vendor qualification and verification.
This doesn’t bode well for buyers of Samsung’s products.
If I were selling phones at a telecom, I’ld be telling people we only officially recommend Apple’s iPhones.
Careful… Apple has had similar battery problems. Just like Apple, Samsung probably doesn’t even make their own batteries.
Actually, I read somewhere around 2010 that Apple brought its battery construction “in house” to eliminate the problems they had earlier with quality and design issues.
That is correct. After the issue with the laptop batteries that affected everyone, they brought it in house to eliminate the problem.
So does that mean the Samsung Galaxy is fire?
The RECALL has happened:
Samsung recalls Galaxy Note 7 phones after battery fires
“I can’t comment on exactly how much the cost will be, but it pains my heart that it will be such a big number,” Koh said.
“Oh the pain. The pain.”
I like talking shit about Samsung as much as the next person… but sometimes its just too easy.
True indeed. No one is talking about Apple’s big threat.
Apple’s biggest threat is China which has virtually total control over Apple’s iPhone assembly. China’s leaders have a heavy hand.
I thought the Fire phone is from Amazon…?
It’s a pity the only way Apple can benefit from the smartphone market is when a catastrophe happens at another company. There used to be a time when Apple wasn’t running scared from Samsung. Now everyone is saying how Samsung has the upper hand in the smartphone business and Apple is a fading contender.
It’s almost guaranteed if the iPhone 7 sells in large numbers, the news media is going to say Apple was merely lucky Samsung had major problems with the Galaxy Note.
“Now everyone is saying how Samsung has the upper hand…”
No one is saying that except people that don’t know what they’re talking about.
The only person saying Samsung has the upper hand is deluded rectum specialist aka professional analist
No other sane individual would say such a thing.
Buy cheap crap, buy twice.
The correct phrase is “buy once, cry once”
Airlines don’t want battery bombs on their planes, and because of this most airlines banned Hoverboards. Will airlines also ban exploding Samsung phones? It will be difficult to determine what Samsung model the passenger has when boarding, but it would be easy to read the Samsung name on the device. Does this mean airlines will ban all Samsung phones? If this is the case, then this exploding Samsung phone problem went from a nuisance for Note 7 customers to a disaster for anybody that uses a Samsung phone.
BOOM! This flame has been burning for quite some time now. Where are the U.S. regulators? Well, on the BEACH! spending SamScums bribery checks.
https://www.yahoo.com/tech/girls-galaxy-s4-smartphone-burns-under-her-pillow-as-93135039699.html