Apple to Benefit Majorly From Samsung Galaxy Note 7 Disaster [Report]

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Posted October 17, 2016 at 4:08pm by iClarified

Apple and Huawei will see the biggest benefits from Samsung's Galaxy Note 7 disaster, according to a new report from KGI Securities analyst Ming-Chi Kuo. Both companies make dual camera phones which is believed to be a draw for customers who wanted the Note 7.

Despite the seen benefits for Apple, Kuo says that they are "largely reflected in raised forecasts" and not as much in shipping numbers. Samsung was expected to ship 12-14 million notes in 2016. Apple is estimated to capture 5-7 million of these shipments, mainly for the iPhone 7 Plus.

Consumers that have switched from Note 7 to iPhone after the recall and halted production can be identified as having the following characteristics: (1) no trust in the Samsung brand anymore; (2) could be former iOS users; (3) like dual camera feature; and (4) like the subsidy packages of telecom operators (iPhone 7 and 7 Plus were the most promoted flagship models in September).

Kuo says that it will take Apple about 3-5 weeks to handle additional orders for the iPhone especially "if the company does not expand the current production capacity of the iPhone 7 Plus."

If you are still using a Note 7, stop using it immediately and get one of these fireproof boxes to send it back.

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Apple to Benefit Majorly From Samsung Galaxy Note 7 Disaster [Report]

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gamerscul9870 - October 17, 2016 at 6:12pm

Good! After all the trash talk their arch nemesis has attempted to shove down their throats, this goes to show what can happen!

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joshWUa - October 17, 2016 at 6:12pm

Actually is huawei or Google who will benefit since they coming out with good stuff lately. iPhone 7 and 7 most likely have exposing batteries too since parts of iPhone come from Samsung.

gamerscul9870 - October 17, 2016 at 6:14pm

Or the fact that Google just made a phone that will take time before fandroids will be familiar with that environment, but iPhone batteries are bad if the charger used to fuel it up are third party chargers.

John - October 17, 2016 at 4:47pm

Well , tried couple times go to AT&T to upgrade my phone and take Note 7! But nothing keep waiting and waiting and something great happens Note 7 is done and now i am rocking Iphone 6s plus 128gb white! Sorry Samsung to late!

clown - October 17, 2016 at 4:30pm

The fact is multiple options for phones causes better phones . This is competition . So many are actually affected

- October 17, 2016 at 4:23pm

Of course this would happen... SamSung disaster happening right when Apple was about to release iPhone7 we all new that Apple's profits would increase almost 70% or much higher!!!

Great! - October 17, 2016 at 4:15pm

Never trusted Samsung phones. Trying too hard to copy Apple and then all the numerous instances of lying to users, shareholders and general public.

SayingWhatEveryonesThinking - October 17, 2016 at 4:15pm

(5) they have at least half a brain.