The Samsung Galaxy Note 7, whose initial reception was hugely positive, may end up as a potential time bomb for the company and its investors. Reports that select units are exploding on their owners has prompted the South Korean company to halt deliveries of its phablet until the issue has been resolved, which could seriously impact sales of the units, and has caused panic among investors, leading to plummeting shares. This could also open the door for iPhone whose Apple 7 goes on sale next week.
The Samsung Galaxy Note 7, whose initial reception was hugely positive, may end up as a potential time bomb for the company and its investors. Reports that select units are exploding on their owners has prompted the South Korean company to halt deliveries of its phablet until the issue has been resolved, which could seriously impact sales of the units, and has caused panic among investors, leading to plummeting shares. This could also open the door for Apple whose iPhone 7 goes on sale next week.