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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

10/14/16 at 5:26 AM CDT

 

 

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Reply to:

MSG`#3991,`10/13/16
By Jam ok

 

Re: OT - NOK

Jamok,

Yes, the Note 7 has been cancelled.  However, I believe that the overall hardware and software design will be carried forward with the exception of batteries and battery charging circuitry and some additional cost reductions wherever possible. Samsung is still the leader in Smart Phones globally with 22% marketshare, maybe I am being optimistic in thinking that in three months time they could have a substitute, naybe it is more time.  Regardless, Samsung will not cede its profitable position for too long, it cannot afford to, I would think they will act as fast as it can to produce a reliable phone.  And then I would expect them to aggressively price it to make up for the lost shine to its brand.

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