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Samsung To Lose 5-7 Million Galaxy Note 7 Customers To Apple Following “ExplosionGate”

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Samsung To Lose 5-7 Million Galaxy Note 7 Customers To Apple Following “ExplosionGate”

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Samsung would possibly see a mass migration of Galaxy Note 7 lovers switching to rival Apple's iPhone 7

Paul Briden 10:19, 18 Oct 2016

Someplace between 5-7million Samsung customers may well be switching to Apple's iPhone 7 following the Galaxy Note 7 "explosiongate" fiasco, in line with a document from KGI Securities analyst Ming-chi Kuo.

Kuo is well known within the cellular business for having his finger at the pulse relating to Apple's iPhone; he is well-connected with resources within the Apple provide and manufacturing community in Asia, and publishes a large number of detailed stories which, extra ceaselessly than now not, turn into correct. Such stories are generally in regards to what specifications and lines imminent Apple units could have - they are most commonly spot on - whilst different stories center of attention on Apple gross sales figures for brand spanking new merchandise.

So, being an Apple afficionado, may just Kuo be topic to a little of bias right here? Smartly, most likely, however our feeling will not be. Particularly, Kuo's most up-to-date predictions for the iPhone 7 forward of its release weren't in particular type to Apple - in a nutshell, Kuo recognised that Apple can be booking lots of its primary adjustments and inventions for the 2017 type and conclued that the iPhone 7 would now not be fascinating sufficient to draw a large number of consideration from shoppers.

Following Apple's deficient gross sales efficiency figures for 2016's Q1 and Q2, Kuo additionally revealed studies pronouncing he anticipated this efficiency dip to proceed into 2017 after the discharge of the iPhone 7. So, Kuo is rather satisfied to show when Apple is not doing properly or is at some more or less drawback.

What he is pronouncing in his new report is that the discontinuation and recall of the Galaxy Note 7 seems to have left somewhat of an opening out there. Samsung enthusiasts have additionally been shaken fairly and are left questioning if the Galaxy logo is all it is cracked as much as be.

Kuo believes that "moderate" shoppers who would have picked up the Galaxy Note 7 would possibly now be turning to the iPhone 7 and iPhone 7 Plus in massive numbers, mentioning that they "generally tend to love iOS and digital camera options, making the brand new iPhone a gorgeous sale."

Sooner than the Note 7 used to be discontinued, Samsung won round 12 million orders for the phablet; Kuo estimates as many as 50% of those unfulfilled orders will lead to an iPhone sale as an alternative, most probably the iPhone 7 Plus type with a dual-camera.

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