Exactly!
Both Samsung stock (U.S & Korean) are at all time highs currently, not to mention that Samsung's 3rd quarter 2016 overall earnings are higher than last quarters even despite the Note 7 situation.
Trying to move the goal posts still doesn't the fact that I was RIGHT from the start as to how this would play out regarding Samsung's financials, while once again you were WRONG!
"The figures do not take into account the cost of the manufacturer's recall of the Samsung Galaxy Note 7"
Note 7 takin big Ls still.
Tim Cook laughing his ass off
you a better man than me. I traded my s7 edge read one post from the coli and Google and I'm over herePosting with my og Note 7 now...still aint turn it in...
Nice try, but none of this bullshyt you wrote matters, because the Note 7 recall will be written off as a loss by Samsung to decrease their yearly taxable income.
The last thing Tim Cook should be doing is laughing at anyone, considering the iPhone sales & profits have plummeted since he's taken the helm at Apple!
Nice try, but none of this bullshyt you wrote matters, because the Note 7 recall will be written off as a loss by Samsung to decrease their yearly taxable income.
The last thing Tim Cook should be doing is laughing at anyone, considering the iPhone sales & profits have plummeted since he's taken the helm at Apple!
Cook has turned Apple into the most valuable company in the world lol.
Note 7 only sellin a mil in a month then gonna cost Samsung so much more in recalls
You're right it's a loss for Samsung
you a better man than me. I traded my s7 edge read one post from the coli and Google and I'm over here
I done fell asleep with my phone in the bed with me too many times. I'm nervous as hell to wake up
Wrong! Apple was already the "most valuable company in the world" before Tim Cook was appointed Apple's CEO!
And since Tim Cook's arrival, overall iPhone sales & Apple's billions of profits continue to decline.
Apple profits fall 27% as iPhone sales decline
"Apple has reported a second-consecutive fall in profits as sales of the iPhone continue to decline.
On Tuesday night, the company reported a 27% decline in quarterly profits and a slide in revenue, as it struggled to boost sales of the iPhone almost 10 years after it was released.
Apple also predicted that sales would fall in the next quarter, extending a prolonged decline in revenue that marks the biggest challenge to chief executive Tim Cook since Steve Jobs' death five years ago."
Apple profits fall 27pc as iPhone sales decline
Wrong again! The "alleged "1.5 to 1.8 Billion that Samsung had to spend to roll out the Note 7 recall has already been recouped via the stock market from the billions of dollars Samsung stock has generated from currently being at a all time high!
Furthermore, as mentioned earlier, Samsung will also recover some of the cost from the recall via tax write offs.
Not to mention:
"In a research note dated Oct. 9, just as news of the explosions surfaced, Nomura Securities analysts CW Chung and Chris Chang stated they expect the recall to result in an initial drop in revenue of about $1.5 billion from lost smartphone sales. But it still expects the company to bring in about $103 billion in smartphone sales in 2016, meaning the impact will be
marginal."
Why Samsung’s stock price just hit an all-time high, even as the Galaxy Note 7 keeps exploding
Try harder!
Wrong! Apple was already the "most valuable company in the world" before Tim Cook was appointed Apple's CEO!
And since Tim Cook's arrival, overall iPhone sales & Apple's billions of profits continue to decline.
Apple profits fall 27% as iPhone sales decline
"Apple has reported a second-consecutive fall in profits as sales of the iPhone continue to decline.
On Tuesday night, the company reported a 27% decline in quarterly profits and a slide in revenue, as it struggled to boost sales of the iPhone almost 10 years after it was released.
Apple also predicted that sales would fall in the next quarter, extending a prolonged decline in revenue that marks the biggest challenge to chief executive Tim Cook since Steve Jobs' death five years ago."
Apple profits fall 27pc as iPhone sales decline
Wrong again! The "alleged "1.5 to 1.8 Billion that Samsung had to spend to roll out the Note 7 recall has already been recouped via the stock market from the billions of dollars Samsung stock has generated from currently being at a all time high!
Furthermore, as mentioned earlier, Samsung will also recover some of the cost from the recall via tax write offs.
Not to mention:
"In a research note dated Oct. 9, just as news of the explosions surfaced, Nomura Securities analysts CW Chung and Chris Chang stated they expect the recall to result in an initial drop in revenue of about $1.5 billion from lost smartphone sales. But it still expects the company to bring in about $103 billion in smartphone sales in 2016, meaning the impact will be
marginal."
Why Samsung’s stock price just hit an all-time high, even as the Galaxy Note 7 keeps exploding
Try harder!