This week is being bad for Samsung. After checking as the assumptions Galaxy Note 7 insurance are also engulfed in flames and not knowing where the problem is, the Korean giant decided to stop manufacturing its most important smart device, always with permission from the Galaxy S7. The now notorious problem of flammable phablets will cost Samsung billions and, to top it all, has made the apple shares, your biggest rival in the smartphone market, reach your highest point of everything we carried in 2016.
According to analysts, Samsung will stop selling 19 million Galaxy Note 7, so all this problem it will cost them $ 17.000 billion. This sent the Korean giant's shares down 8% in one day, its most significant drop since 2008. On the other hand, Apple's shares rose 1.9% on Monday to $ 116.05 per share. But the price of the Cupertino shares did not stop rising on the same Monday.
Apple benefits from Note 7 battery problems
Today, four days after Apple shares rose 1,9%, the shares are at $ 117,34 per share, which means they are up 1.01% more. In total, since rumors began to circulate that Samsung would stop making and selling the Note 7 until now, the Apple shares are up practically 3%, all in about 5 days and without having done anything to deserve it.
But not only Apple will benefit from Samsung's problems. It is already being said that Huawei intends to get a lot of the cake that Samsung's Note 7 had to eat. On the other hand, Google has recently presented its pixel And that one of the most important Android manufacturers has problems will undoubtedly make sales of its new smartphones better than expected.
It remains to be seen what Samsung will do to recover from this setback. Everything indicates that they will try to do it with the launch of the Galaxy S8. Will they get it?