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Apple Shares Hit New High for 2016 as Samsung Considers Scrapping Note 7 [Update: Note 7 Officially Discontinued]
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I think they will do a new line to replace it.
Here's my problem. Why is it that Apple's stocks are rising just because of Samsung's issues? Why didn't the other competitors stock rise as well?
Something's not right.
Why is it that when your premise is false your line of reasoning goes nowhere?
The normal process is to recondition and put them into the repair/replacement chain, but since the phone is pulled from the market, they have no choice but to destroy them.
I'm sure they will send them off for recycling as they'll never be able to sell them.
It's not worth the liability at this point. It's cheaper to destroy everything than risk any more problems.
wow thats really sad, these days won't be easy on Samsung, poor Note 7 it was really the best device that they ever made!
No no...
Samsung Galaxy Fire.
Good one!
Except that it would be blatantly copying a trademark already used by Amazon….. but the blatantly copying part never stops Samsung anyways!
You should be questioning the premise of the Apple shares going up alone and not the competitors due to Samsung's situation.
Why does this thread's title mention just Apple shares. Shouldn't the other competitors's shares rise as well?
Because the market sees Apple and Samsung as the defacto standards of the smartphone industry. And rightly so, as they essentially represent the lion's share of the industry's most talked about products.
It is also because there is only one other competing new product at the top of the smart phone market right now. Even Samsung admits through their marketing and announcements that they are targeting the Apple products... why wouldn't the financial markets reward Apple when Samsung stumbles?
It's a complete loss! The phones would just be destroyed.
That's why if I had a replacement Note 7 coming to me in the mail today I would keep it as a collectors item. The phone would be worth tons of money in 20 to 30 years if unopened and never powered up. Today it would be near impossible to find a Note 7 here in the United States by any carrier. Believe it or not a sealed Note 7 is worth more right now than retail cost.
I doubt Apple would change the iPhone name because of a similar issue. The Note lineup is rather mature... they just have to launch a Note 8 with a good marketing campaign, perhaps making humor from their own mistakes.
LG is still stinging from their G4 boot loop fiasco - after the way LG blew off customers and still refuses to replace/repair phones out of warranty many have said they will never buy an LG phone again.
I am. I would suggest there are other reasons besides the Note 7 fiasco behind the Apple share climb.
Yep, this pretty much refutes the original premise.
I think the issue for Samsung is not the obvious loss of Note 7 sales but how it affects their Galaxy brand and sales as a whole (unfortunately for them the full name of the phone is the Samsung Galaxy Note 7). I think this will have a greater impact on potential sales gains to Apple than anything else.
The line at Samsung's Recall Depot as fandroids reluctantly turn in their Note7s.
(Sort of resembles an iPhone launch in reverse, doesn't it)?...
Great time to buy Samsung shares - just after the shock.
They will leave it a couple of years, ditch the "Note" name and release a similar product, without the defects.
Trouble for Apple is it's still playing catch-up with regard to innovation compared with, say, Samsung. Decreasing market share and a poor 2016 phone line-up.
They will leave it a couple of years, ditch the "Note" name and release a similar product, without the defects.
Trouble for Apple is it's still playing catch-up with regard to innovation compared with, say, Samsung. Decreasing market share and a poor 2016 phone line-up.
Like how? Offering a fire blanket as free accessory to the first 1,000,000 buyers? Calling the 3.5mm jack a chimney?
Like I stated.
There's no real definitive answer to 100% compare. But trying to compare total sales of iPhones which is on almost every carrier in the world to Pixel sales with maximum limited carrier availability wouldn't be a valid litmus.
You'd have to start by comparing sales on whatever carriers pixel is available through.
Lithium Ion batteries are surprisingly complex, and are inherently prone to rapid high-impulse discharge. That is what makes them valuable in portable electronics where power on demand and rapid recharging are important and compact energy storage is essential.
These batteries are essentially a small ecosystem within your device, with a delicate balance of stability and discharge being managed by a complex processor. If there is a flaw in that ecosystem, any number of issues can crop up, with rapid uncontrolled discharge being a very dangerous one due to the heat involved and the possibility of a "runaway" discharge when parts start to heat up, melt, and lose regulation of the chemical process.
Swelling batteries are a sign of one or two different issues. A rapid discharge can point to a number of other causes, but unrelated (generally) to the causes of a swollen battery. And you are right that a catastrophic failure like this is indeed unusual, specifically since it can be so dangerous and is therefore a top engineering design focus.
Tim Cook and Co. right now
Sorry. Why would 'Tim Cook and Co' be raising a glass of champagne with an inviting look of congratulatory respect? To whom? Samsung? "Congratulations on everything going really badly for you" - That's fairly nasty. Or maybe "look at us, the elite Apple team capitalising on the unfortunate demise of others"?
God, people are so sanctimonious.
I agree that it would be difficult to prove a benefit for the Pixel at the expense of a supposedly unlucky iPhone 7. I would just like to point out that in many countries phones are sold independently from carriers. Here in AU for example you can get them through a carrier (and get the benefit of a subsidy in exchange for a two-year contract) or just buy them in a shop, like an Apple Store, at full price.