“We believe recent strength in Apple shares are, in part, due to issues with Samsung’s Note 7 phones (Samsung announced it will stop production of the phones),” Wells Fargo Securities writes for Baron’s. “Apple shares gained an incremental $14 billion in market cap at its intraday peak Tuesday, which we estimate embeds more than three million incremental iPhone 7 Plus units.”

“While we have little doubt that this issue, which we candidly did not anticipate, will help Apple, we think other Android vendors with 5.7-inch phones could see a bigger benefit if Android users prefer to stick with Android,” Wells Fargo writes. “While carriers are allowing trade-ins of the Samsung Note 7 for any other device, customers only get a credit refund for a lower-priced phone and have to pay the difference for a higher-priced phone.”

Wells Fargo writes, “We believe expectations for Apple into earnings have risen materially with some estimates above our 77 million-unit forecast for December (which was once considered way too high by a number of investors).”

Read more in the full article here.

MacDailyNews Take: Many of the afflicted will just finally say to themselves, “Enough with trying to approximate Apple’s iPhone, I’ll just get myself a real iPhone.”

Once they do that, they aren’t going back to Samsung or any other fragmandroid peddler. Ever.

Longterm, Apple wins big.

People are dumping Samsung’s unsafe, exploding phones and upgrading to Apple’s iPhone – October 12, 2016
Social media users mock beleaguered Samsung’s explosive phones – October 11, 2016
Replacement Galaxy Note 7, deemed ‘safe’ by Samsung, catches fire in Scottish hotel room – October 11, 2016
Samsung axes explosive Galaxy Note 7, shares plummet – October 11, 2016
Drexel Hamilton projects 8 million iPhone unit gain for Apple this year alone due to Samsung’s exploding phones debacle – October 11, 2016
Samsung takes multi-billion-dollar hit to end exploding phones fiasco – October 11, 2016
Beleaguered Samsung permanently ceases Galaxy Note 7 production – October 11, 2016

TechSpot reviews Apple’s iPhone 7 Plus: Absolutely decimates the competition – October 12, 2016
AnandTech reviews Apple’s iPhone 7 and 7 Plus: ‘Unparalleled, a cut above anything else in the industry’ – October 10, 2016
Computerworld reviews Apple’s iPhone 7 Plus: There’s never been a better time to switch to iPhone – October 7, 2016
Higher income U.S. states use Apple iPhones; lower income states use Samsung Galaxy phones – September 27, 2016
PC Magazine reviews Apple’s iPhone 7 Plus: Editors’ Choice – September 20, 2016
Tom’s Guide reviews Apple’s iPhone 7 and iPhone 7 Plus: Great upgrades, but one is greater – September 20, 2016
More evidence Apple’s iPhone 7/Plus is more than a modest refresh – September 20, 2016
Professional photographer Benjamin Lowy puts Apple’s iPhone 7 Plus cutting-edge camera to the test – September 20, 2016
Apple’s A10 Fusion chip miracle – September 20, 2016
The iPhone’s new A10 Fusion chip should worry Intel – September 16, 2016
Apple’s remarkable new A10, S2, W1 chips alter the semiconductor landscape – September 15, 2016
Wired reviews Apple’s iPhone 7/Plus: ‘Fantastic’ – September 14, 2016
Sprint, T-Mobile: iPhone 7/Plus pre-orders up 4X over last year; Apple shares surge – September 13, 2016
USA Today’s Baig reviews Apple’s iPhone 7/Plus: ‘A strong handset for sure’ – September 13, 2016
WSJ reviews Apple’s iPhone 7/Plus: ‘Get over the headphone thing and upgrade’ – September 13, 2016
Mossberg reviews Apple’s iPhone 7/Plus: It’s a great phone, but where’s my headphone jack? – September 13, 2016
The Verge reviews Apple’s iPhone 7/Plus: ‘The future in disguise’ – September 13, 2016