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Galaxy Note 7 Fiasco Could Increase iPhone 7, iPhone 7 Plus Sales by 7 Million: Analyst

Galaxy Note 7 Fiasco Could Increase iPhone 7, iPhone 7 Plus Sales by 7 Million: Analyst

By Ketan Pratap | Updated: 18 October 2016 15:18 IST

Highlights

KGI analyst speculates 5-7 million Note 7 users could switch to iPhone
Huawei to also gain from Galaxy Note 7 fire issue
Google Pixel phones could also take over some of the marketshare

Apple's iPhone 7 and iPhone 7 Plus could be the biggest beneficiaries of Samsung officially killing its Galaxy Note 7 smartphone. According to KGI analyst Ming-Chi Kuo, the gap left by Samsung Galaxy Note 7 could mean massive gain for the likes of Apple and some Android manufacturers including Huawei. Kuo predicts that around 5 to 7 million users who were using - or planning to buy - the Galaxy Note 7 will switch to iPhone 7 and iPhone 7 Plus.

(Also see: Samsung Galaxy Note 7 Explosion Cause to Be Revealed in the 'Coming Weeks')

Kuo believes that out of approximately 12 million Galaxy Note 7 orders, Apple should be able to get roughly half of the users on-board the Apple mobile ecosystem. Kuo claims that Huawei could get the biggest benefit amongst Android manufacturers. Google's Pixel range is also expected to gain from the Galaxy Note 7 fiasco that is expected to cause Samsung roughly $5.3 billion (roughly Rs. 35,433 crores) in total losses due to the discontinuation of the smartphone.

(Also see: Google Pixel Phones Are Here to Fill the Gap Left by the Samsung Galaxy Note 7)

Samsung's Galaxy Note 7 safety issues in the last month or so have become the company's worst nightmare in its history and if a new survey is to be believed, the fire incidents have made a major dent in Samsung's brand image. According to a recent survey conducted in the US, 40 percent of existing Samsung smartphone users "won't buy another phone from the brand."

Currently, Samsung's biggest hope of surviving in the premium smartphone segment is its flagship Galaxy S7 series. The South Korean company is rolling out software update to Samsung Galaxy S7 and Galaxy S7 Edge that adds Galaxy Note 7-note like features to the smartphone.

Samsung Galaxy Note7

KEY SPECS
NEWS

Display 5.70-inch

Processor Samsung Exynos 8890

Front Camera 5-megapixel

Rear Camera 12-megapixel

RAM 4GB

Storage 64GB

Battery Capacity 3500mAh

OS Android 6.0.1

Resolution 1440x2560 pixels

More Samsung mobiles Samsung mobiles price in India

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Further reading: Samsung, Galaxy Note 7, Galaxy Note 7 Recall, Samsung Recall, Smartphone, Mobiles, Android, iPhone 7, iPhone 7 Plus, Huawei

Ketan Pratap

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Ketan Pratap is the editor at Gadgets 360 - with over 12 years of experience covering the technology domain. With a breadth and depth of knowledge in the field, he's done extensive work across news, features, reviews, and opinion pieces. But what's truly inspiring about Ketan is how he spends his free time. He's often found gazing at snow-capped mountains from over 20,000 feet while sitting on the hood of his car, taking in the breathtaking beauty of nature. His passion for the great ...More

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Galaxy Note 7 Fiasco Could Increase iPhone 7, iPhone 7 Plus Sales by 7 Million: Analyst

Samsung Galaxy Note7

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