Cell Phones

Analyst: Samsung may have to kill off NOTE line going into the future.

  • Last Updated:
  • Sep 12th, 2016 8:49 pm
Penalty Box
Aug 16, 2014
1043 posts
362 upvotes
Toronto, ON

Analyst: Samsung may have to kill off NOTE line going into the future.

http://time.com/4487124/samsung-shares- ... -7-recall/

Samsung Electronics’ common shares were down 6.3 percent to $1,329.73 each after touching their lowest level since July 12, and were on track for their biggest daily percentage drop in more than four years.

Analysts said the recall could torpedo Galaxy Note 7 sales and have a lasting impact on the $211 billion company’s brand image, which could derail a recovery in its smartphone market share against rivals like Apple Inc.

“Even if Samsung puts Note 7s with new batteries in the market it won’t sell as well as it had initially,” HMC Investment analyst Greg Roh said.

“Long-term, it will cost Samsung significant marketing spending to ensure the next products can overcome this issue.”
9 replies
Sr. Member
Apr 2, 2009
920 posts
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Markham
I think it makes sense.
The "Note" name may leave a bad taste in people's mouth.
Note = "Phone that catches fire"
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Mar 23, 2009
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Except now it's happening with the Galaxy S series too.
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May 31, 2003
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Just be renamed. Like in rollercoaster tycoon. My ride kills you, I change its name and you forget :twisted:
"The crows seemed to be calling his name, thought Caw." - Jack Handey
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HeatWare
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Dec 20, 2012
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Full refund time! Pixel phones, here I Come!!!
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Sep 19, 2002
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They'll just rename it.

Galaxy S7 Plus.
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Jan 21, 2008
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EugW wrote: Except now it's happening with the Galaxy S series too.
To me, I find it odd we didn't hear any of this about the S7, only after news of the problems with the Note 7. S7 has been on the market for 6 months until we finally heard the 1st story. Timing just seems too convenient, it wouldn't be the 1st time people tried to cash in on a lawsuit
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Dec 28, 2007
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techfox wrote: I think it makes sense.
The "Note" name may leave a bad taste in people's mouth.
Note = "Phone that catches fire"
The "Samsung" name may leave a bad taste in people's mouth.
Samsung = "Phone that catches fire"

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