If you didn't care about the share price of either Samsung or Apple, why did you use "Wall Street Not Impressed with iPhone 7, Apple shares fall 3%" as the title of your thread then?
The share price has nothing to do with what's really going on in a company's financials. They're just pieces of paper that don't even provide companies with any benefits. These short-term market swings are just the market's preconception of what's going on at a superficial level.
People may be buying back Apple stock, and Apple's stock price has gone up ~8% since the iPhone 7's release. However, the real picture is this:
http://www.zerohedge.com/news/2016-09-16/here-are-lines-people-waiting-new-iphone-7
Barely anyone waiting outside of stores for the iPhone 7.
this thread is hilarious. OP starts thread based on Apple share price, and when Apple share price recovers tries to pivot and say share price doesn't matter
this thread is hilarious. OP starts thread based on Apple share price, and when Apple share price recovers tries to pivot and say share price doesn't matter
This thread!
Insignificant change in stock price after keynote...
"I think I'll create a thread. Ah ha ha! Suck it, Apple!"
Full recovery of Apple stock price while Samsung continues to tank...
"Stocks don't matter. Just paper."
You're absolutely hilarious, OP!
Apple employees enthusiastically counted down the last moments before stores from San Francisco to Shanghai opened on Friday to launch the iPhone 7, but the ranks of shoppers were notably thinner than in previous years.
Apple Inc (AAPL.O) fans assembled at stores around the world to be among the first to buy the iPhone 7, the retail phenomenon that accompanies the launch of the company's updated flagship product each year.
The tech giant announced earlier this week that the larger iPhone 7 Plus had sold out, prompting some who had set up camp outside Apple's marquee store in San Francisco to pack up their bags and head home.
To be sure, online pre-orders have made lines unnecessary for all but diehard fans, and in Chinese stores only those who had ordered in advance were queuing to collect.
Yet in markets like China, online interest in the new phone has also been muted, as cheaper local brands amp up their design and marketing.
Wu Ting, a 28-year-old from Nanjing, was surprised to find herself first in line at a downtown Apple store in Shanghai on Friday, a holiday in China.
"I found last year that there were crowds of people, but this year almost no one. I came an hour early thinking I'd have to wait a long time before getting seen," Wu said.
The stakes for the iPhone 7 are high after sales of the gadget dropped during two straight quarters this year, the first declines in its history. The iPhone is Apple's lifeblood, accounting for more than half of the company's revenue.
Also, you've put a lot of effort into the posts today, can you imagine why you're perceived as a paid shill for Samsung?
And it seems your original post is just flat wrong, huh, Achtung?
Seems Samsung screwed the pooch on the recall
http://www.wsj.com/articles/samsungs-management-of-recall-wounds-companys-image-1473928872
Listening to the Vergecast now, they're talking about how Samsung is pretty well screwed, damage to the Note brand, and Samsung in general. Those images of burned houses, cars and people are now in the public consciousness. None of the staff is willing to use a current Note or it's replacement.
Published : 2016-09-12 16:33
Updated : 2016-09-12 16:54
The recent large-scale recall of the Galaxy Note 7 smartphone over faulty batteries has not significantly impacted foreign consumers’ brand loyalty to Samsung Electronics, according to some online polls by internet news websites on Monday.
According to an online survey of 11,759 internet users by US technology news website Android Police, around 39 percent said that the recall “hasn’t affected my trust or perception of Samsung’s brand (whether positive or negative).”
Some 36 percent of the respondents said that “I’m actually more trusting because of Samsung’s speed and effectiveness in addressing the issue,” according to the ongoing poll.
Meanwhile, just 13 percent of the respondents said “I feel somewhat less trusting of Samsung’s smartphones because of the Note 7 recall” while 11 percent said “My trust in/perception of Samsung has been greatly diminished by the Note 7 recall.”
Last Thursday, the US Federal Aviation Administration as well as Europe’s air safety regulator warned passengers not to use or charge their Galaxy Note 7s on airplanes and not to stow them in checked baggage due to possible battery explosions.
The FAA’s announcement had prompted fears that consumers would further lose trust in the Samsung brand and its smartphones.
The following day, Samsung Electronics’ US unit released a statement saying that it has been collaborating with the US Consumer Product Safety Commission to implement a voluntary corrective action plan to expedite a US recall of the Galaxy Note 7.
“Samsung continues to ensure that consumer safety remains our top priority. We are asking users to power down their Galaxy Note 7s and exchange them now.” Tim Baxter, President of Samsung Electronics America said.
“New Note 7 replacement devices will be issued to exchange program participants upon completion of the CPSC process. In the interim, consumers can return their Note 7 for another device,” he said.
In addition to the Andorid Police-led poll, another online poll conducted last week by internet news website GSMArena.com showed that foreign consumers remained largely unaffected by the recent Samsung Galaxy Note 7 recall.
Some 63 percent of 7,465 people who participated in GSMArena’s poll said they would replace their Note 7 devices with new ones, while 37 percent said they would buy alternative brands’ devices such as the iPhone 7 Plus.
An independent poll conducted by SamMobile, a website created by fans of Samsung Electronics gadgets, found similar responses to the Galaxy Note 7 recall.
To the question “Did you lost trust in Samsung after the Note 7 debacle,” some 45 percent of 3,041 poll participants said “Not concerned. Recalls happen in all industries. I wouldn’t hold this against Samsung.”
Another 39 percent responded “Not really. I appreciate how Samsung has handled it” while another 16 percent said “Yes absolutely. Will not buy a Samsung product again.”
Geoff Colvin@geoffcolvin
SEPTEMBER 16, 2016, 11:30 AM EDT
It took drastic steps to fix a problem that many users aren’t worried about.
Did Samsung really bungle its Galaxy Note 7 recall as badly as conventional wisdom has quickly concluded? I’m not so sure. The U.S. Consumer Product Safety Commission issued its recall notice only yesterday, and the company should have coordinated its efforts with the CPSC in order to make a joint announcement earlier.
But overall the company appears to have been ultra-cautious in its handling of the crisis. Allow me to make one other point that I haven’t seen elsewhere, if I may say the unsayable: The danger of being harmed by a Galaxy Note 7 isn’t very great, as customers have decided on their own.
How the crisis unfolded
The first reported case of a phone exploding arrived from China on August 25. Eight days later, with 35 cases reported worldwide, Samsung announced a recall, halted sales, and said all affected devices would be replaced. A week later, on September 9, the CPSC issued an official warning advising consumers to stop using the device. Each of these events, plus additional reports of explosions or burns, received intensive worldwide media attention. Not much more could have been done to alert consumers that the Galaxy Note 7 was dangerous.
The company has been rightly criticized for being slow with a specific, clear procedure for how and when phones would be replaced. That came yesterday, when Samsung announced that replacement phones would be available in U.S. stores starting next Wednesday – a logistical feat considering that about a million U.S. phones are being recalled.
What about the risk of owning a Galaxy Note 7?
Samsung absolutely had to recall the phones, obviously. No reputable company can let you keep a phone that might explode. But based on data received so far, your chances of owning a Galaxy Note 7 that explodes or just overheats are about the same as your chances of being struck by lightning in your lifetime (.009% vs. .008%).
Sign up for daily insights, updates, and opinion on leadership and leaders in the news at the Power Sheet.
You’re far likelier to freeze to death (.02%) than to be burned by your Galaxy Note 7. Users seem to realize this. The Apteligent mobile analytics firm reported on Tuesday that “the usage rate of the phone among existing users has been almost the exact same” since the company’s first recall announcement on September 2.
My guess is that a month from now, any reputational damage to Samsung from the handling of the recall will have evaporated.
Heads should nonetheless roll at the company – not because of the recall’s handling but because of the battery blunder, which will cost billions in direct losses and unknowably more in a tarnished reputation. That’s the real crisis at Samsung. Addressing it will require corporate soul-searching, and the outcome remains to be seen.
No it isn't the same thing every year. They will have limited availability of units here and there in the stores (specific colours or the highest storage tier), but never have the entire line sold out (iPhone 7 Plus) worldwide on launch day. For example, with the 6s Plus, if you were willing to splurge and buy the highest storage tier model in silver or whatever, you could simply walk into a store and buy one.
Most likely they are supply constrained, but regardless, your statements are not correct.
When did I ever suggest that I thought "Suck it, Apple!"?
Actually, the contrary is true.
http://www.koreaherald.com/view.php?ud=20160912000884
Samsung’s brand loyalty unaffected by Galaxy Note 7 recall: online surveys
Critics Are Wrong: Samsung Handled Galaxy Note 7 Recall Just Fine
If they hadn't recalled the Galaxy Note 7, someone could have died to to an exploding Galaxy Note 7. The fact that they did recall due to a battery fault (which could happen to any company, by the way), instills confidence and trust in the brand.
Sep 24 2016 at 8:01 AM
by Molly Schuetz
Shares of Apple slid on Friday amid speculation that German research firm GfK issued a report suggesting iPhone 7 sales would be lower than last year, based on data in Europe and Asia.
Apple shares dropped as much as 2.7 per cent as reports spread. The stock ended down 1.7 per cent at $US112.71 in New York.
Business Insider said people who have seen a copy of the report say it claims that iPhone 7 unit sales are down 25 per cent on an annual basis, compared with the iPhone 6S of last year. GfK's report doesn't measure sales in the US.
"Numbers on sales or market shares are confidentially provided to our clients and shall not be quoted or released to the public," GfK said in an emailed statement. "We did not publish these figures for external release."
An Apple spokeswoman didn't immediately comment on the report.
A Taiwan-based electronics newsletter Digitimes reported earlier Friday that Apple told its chip partners that iPhone 7 chip orders would fall about 20 per cent in the first quarter of 2017 from the previous quarter."
Shares of Apple (AAPL) suddenly moved sharply lower in afternoon trading around 1:30 pm, Eastern time, apparently because of remarks being attributed to market research firm GfK indicating some decline in the performance of sales of the iPhone 7 in Europe.
According to TheFlyontheWall, GfK’s “channel checks” show “that the iPhone 7 launch in Europe is down 25% versus the iPhone 6 launch. Apple shares are down 2%, or $1.86, to $112.76 in afternoon trading.”
Just with less misogyny and race baiting.Did Achtung! morph into 0roo0roo recently?
He's a troll and he posts stuff that isn't even on topic in this forum. I don't understand why the mods let these threads proceed.
Achtung! I'm more than a little concerned about your mental health, you're suggesting Samsung has deliberately put people in harms way?
- "Apple has failed to capitalize on Samsung's Galaxy Note 7 delay due to the lithium battery explosion problem. (which I think Samsung engineered to increase their publicity). "
Moderators, seriously, this isn't even sane at this point, please intervene.
Now I think of it, probably not.
Samsung probably didn't engineer the battery defect.
Well they did.Now I think of it, probably not.
Samsung probably didn't engineer the battery defect.
- Expensive $160 Airpods is one of the likely reasons why sales are so poor. Customers feel cheated as it shows how much Apple likes money.
I agree 100% that Bluetooth headphones are the reason Apple is doomed, they should have priced them higher, like Samsung, $195 seems like the sweet spot.
https://www.amazon.com/Samsung-Cord...&sr=1-3&keywords=samsung+bluetooth+headphones
http://www.samsung.com/us/audio/headphones/in-ear/gear-iconx-black-sm-r150nzkaxar/
I don't understand why the mods let these threads proceed.