galaxy note 7
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Samsung Lost A Ton Of Money Due To Exploding Phones
Samsung just filed its third quarter earnings report, and the results are not looking good. The company’s net profit fell 16.8 per cent following the disastrous launch and unprecedented recall of the Galaxy Note7 smartphone launch. Samsung’s mobile division is reporting the lowest quarterly profit in more than six years, back when its first Galaxy…
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Samsung Still Doesn’t Know What Made The Note7 Go Boom
After continued reports of the phones catching on fire when charged, Samsung finally put the Galaxy Note7 out of its misery two weeks ago. But 2.5 million recalled devices and $3 billion in projected losses later, the company is apparently no closer to identifying what killed its flagship smartphone.
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Horror Stories From The Samsung Galaxy Note7 Flight Ban
On Saturday the federal flight ban on Samsung Galaxy Note7 phones went into effect in the United States. All four major Australian carriers have also banned the phone. We asked our readers how this was working out around the globe and from the replies we’ve received, it’s safe to say that, so far, this sucks.
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Samsung Says Its Profits Will Take A Huge Hit After Note7 Debacle
The Galaxy Note7 nightmare is getting worse for Samsung, as the company reports that it is expected to lose $3 billion in profit this quarter because of the disastrous phone launch and subsequent recall.