Samsung Galaxy Note 7 battery problem could provide "slight tailwind" for iPhone 7 Plus sales
In a Monday report, Piper Jaffray analyst Gene Muster said that the exploding battery problem with Samsung latest Galaxy Note flagship handset - Galaxy Note 7 - has come at a good time for Apple and the sales of the iPhone 7 Plus handset, the bigger-screen variant of the company's new iPhone.
The recent reports about the exploding battery issue with the Galaxy Note 7 handset Samsung to announce a worldwide recall of the handsets barely within two weeks of their official launch; and a few days ahead of the unveiling of iPhone 7 and iPhone 7 Plus, the main rival of Galaxy Note 7.
With the Galaxy Note 7 battery issues having apparently become a public relations crisis for Samsung, Munster said that the global recall of the handset by Samsung can potentially provide a "slight tailwind" for Apple and the 5.5-inch iPhone 7 Plus sales.
In Munster's own words, "The recall couldn't have come at a better time for Apple and worse time for Samsung."
Munster, who has also been tracking wait times on new iPhone 7 preorders, also said that, with wait time for the iPhone 7 Plus currently being just 2-3 weeks on average, it is apparent that Apple is producing greater quantities of the handset this year.