“Samsung Electronics’s pain with its ‘Note 7’ — it first said it would stop making them, temporarily, and subsequently said it would permanently stop production of the device — continues to be Apple’s gain, according to Drexel Hamilton’s Brian White,” Tiernan Ray reprots for Barron’s.

“White, who has a Buy rating on Apple shares, and a $185 price target, thinks Apple could pick up 8 million more units of iPhone sales before this calendar year is out, thanks to the Note 7’s collapse,” Ray reports. “White also thinks Apple’s own iPhone 7 is also doing very well, including in China: ‘During our visit to over 30 smartphone stores and electronic retailers in Shenzhen this week, we could feel the momentum of Apple’s iPhone franchise and the struggles at some of its important competitors in China. The iPhone 7 Plus is clearly favored over the iPhone 7 in China, while the two new black colors were the most popular…'”

Read more in the full article here.

MacDailyNews Take: Winning never gets old.🙂

Burned by Samsung? Get a real iPhone.

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